Home prices in Baton Rouge were down 1.6% in May compared to a year earlier, a significantly smaller drop than the national average. According to First American CoreLogic, national housing prices were down an average of 9.2% compared to May 2008. First American notes that the year-over-year decline of home prices peaked at 11.9% in January and has improved every month since. Louisiana home prices increased slightly in May, going up 0.65%. First American bases its Housing Price Index on public records sources such as property sales, tax assessments and mortgage filings.
B.R. home prices down
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