Real Estate Values Held Steady In 1996
Residential real estate values generally held steady in 1996, with prices showing only minor fluctuations, reports Runzheimer International, a management consultancy.
Runzheimer looked at prices in 18 metropolitan areas, and found that the price of a 2,000-square-foot, eight-room suburban home fluctuated 3 percent or less in 10 of the areas.
Housing prices rose in 10 of the areas, and fell in the other eight.