Home Appreciation Index
A recent report published by RBC Centura presented Home Price Appreciation rates for first half of 2008 versus the same time period for 2007. National HPA for this period was -9.8%. The lowest 4 states for HPA were NV (-24%), AZ (-21%), FL (-19%) and CA (-19%). The North Carolina HPA was (-1%). Of course this includes markets within the state that are not nearly as strong as our Triangle/Raleigh market. For a copy of the report, feel free to email me at tina@hpw.com.