The Earth is dynamic. What we perceive as solid ground beneath our feet, is in reality constantly changing. In the space of a year Africa and America are drifting apart at the back of the Middle Atlantic for some centimeters while the floor of the Pacific Ocean is subducted underneath the South American Continent. …read more
Source: FULL ARTICLE at Phys.org
Tag Archives: Middle Atlantic
U.S. Home Prices Rise to 2009 Levels
By Justin Loiseau, The Motley Fool
Filed under: Investing
U.S. home prices rose a seasonally adjusted 0.6% for January, according to a Federal Housing Finance Agency House Price Index report [link opens a PDF] released today. After bumping up a revised 0.5% in December and 1.4% for Q4 2012 overall, this newest report reflects another solid month for the housing market.
Source: Federal Housing Finance Agency.
In 2012, home prices jumped up 6.5% and are currently comparable to September 2004 and 2009 levels.
Looking across the United States, from December to January, the Pacific region recorded a 1.6% price increase, followed by a 1.0% bump for the South Atlantic states. New England prices dropped the most (-0.7%), while the East South Central U.S. dipped 0.5%.
On a longer-term scale, house prices for the Mountain region (Montana, Idaho, Wyoming, Nevada, Utah, Colorado, Arizona, and New Mexico) jumped 14.1% over the last 12 months, while Middle Atlantic homes (New York, New Jersey, and Pennsylvania) brought up the rear with a 0.4% price bump.
The article U.S. Home Prices Rise to 2009 Levels originally appeared on Fool.com.
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