The Star Ledger published the following article on December 3, 2013. To read the full article, click here.
New Jersey home prices dip in October as housing market ‘catches its breath’
By Tom De Poto/The Star-Ledger
on December 03, 2013 at 4:40 PM, updated December 03, 2013 at 5:08 PMHome prices in New Jersey remained stagnant between September and October, reflecting a nationwide cooling down-period for the real estate market, according to a monthly Home Price Index report from CoreLogic, a real estate analytic firm.
The average price of a single-family home in New Jersey fell by 0.33 percent month-to-month. In the Newark region, one of the statistical areas studied by CoreLogic, prices slipped by 0.74 percent. Atlantic City and the Jersey City-New York-White Plains area saw gains of 0.19 percent and 1.21 percent respectively. Camden and Trenton saw declines of 0.66 percent and 0.27 percent.
Nationally, prices increased 0.2 percent.