Homes.com’s March 2013 Local Market Index showed increased price performance on a monthly basis in 96 out of 100 U.S. housing markets. Using data from the U.S. Census Bureau for Core Based Statistical Areas, the Local Market Index report “tracks repeat sales of properties for both single family and multi-unit/condominium sales in separate indices” for the top 100 local markets.
In the top ten single family markets with the highest year-over-year change in price performance was the Boise City-Nampa, Idaho Core Based Statistical Area with a gain of 16.07 index points. Compared to February 2013, the Boise City-Nampa statistical area gained 1.25 index points in March. To view the Local Market Index Report, go to http://bit.ly/15yrEFS.