A slowdown in house price declines continued at the Jersey Shore this past Spring amidst increased sales activity. After a significant drop in house prices that exceeded the average for the Mid-Atlantic region, the market for homes along the south Jersey shoreline continued to try to find a bottom in an economy that has been especially hard on the market for vacation homes. (September 29, 2010)
 Kevin Gillen Market Commentary for
2nd Quarter 2010
Jersey Shore House Price Indices, 2010 Q2
Philadelphia House Price Indices: Technical FAQ and Documentation*
Alan Heavens, from the Philadelphia Inquirer reported on the new Price Indices in the article below. (October 3, 2010)
 Shore Home Prices Still Falling
*NOTE: The methodology for the Jersey Shore Indices is similar to that as described in the Philadelphia Regional House Price Indices: Technical FAQ and Documentation. A FAQ sheet for the Jersey Shore Indices will be released next quarter when the FAQ sheet is updated for each of the indices.
|
