The California Association of Realtors put out the following yesterday. (The link at the bottom is to the original Trulia press release)(Click here to see the map from the Washington Post)
Asking prices up year over year in six out of seven swing states
Asking prices on for-sale homes increased 2.5 percent in September, according to the latest findings in the Trulia Price Monitor. Excluding foreclosures, year-over-year asking prices rose 3.5 percent. Meanwhile, asking prices rose 1.6 percent nationally quarter-over-quarter, seasonally adjusted, and 0.5 percent month over month, seasonally adjusted.
Nationally, rent gains continued to outpace home price increases in September, rising 4.8 percent year-over-year. Among the largest 25 rental markets, year-over-year rents rose the most in Houston and Miami, where they climbed more than 10 percent. Strong job growth has pushed up rental demand in Houston. Rent increases have cooled most in San Francisco, from 14.5 percent in June down to 7.2 percent in September.