Pittsburgh: 4th Most Improved U.S. Housing Market 2010
Q1 Home price index: 1.3 percent
Q1 Foreclosure rate (YOY change): 1.8 percent (up 20.8 percent)
Q1 90+ day delinquency rate (YOY change): 5.5 percent (up 24.7 percent)
April 2010 unemployment rate: 8.1 percent
In volatile times, Pittsburgh's housing market has been atypically steady. Foreclosures peaked in 2006, and even as home sales fell last year, the median price has not changed much. Despite having a high unemployment rate, Pittsburgh has a fairly stable economy, and the region is in the early stages of recovery, reported the Pittsburgh Tribune-Review. Housingpredictor.com expects a price increase of 2.3 percent in the city this year.
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