Latest home prices
Second quarter numbers are in from the National Association of Realtors - 149 markets tracked.
August 16 2007: 10:53 AM EDT
NEW YORK (CNNMoney.com) -- The median price for a single-family home sold during the three months ended June 30 fell to $223,800, 1.5 percent below the price a year ago.
Some of the results of the survey, from the National Association of Realtors were more positive. More metro area markets - 97 of 149 - gained ground than lost.
One of the four U.S. regions, the Northeast recorded a slight price gain of 0.7 percent. The West lost 0.4 percent, the South 1.6 percent and the Midwest 2.2 percent.
NAR predicts home prices will turn slightly positive again by spring of 2008 and rise about 2 percent that year.
Among individual metro areas, prices in the second quarter plunged furthest in Elmira, N.Y., down 17.9 percent to $71,700. Other big losers included Palm Bay, Fla. (down 15 percent to $183,300), Davenport, Iowa (down 11.3 percent to $103,300) and Sarasota, Fla. (down 11.3 percent to $311,400).