The Capitol Region is continuing to see rising home prices in the wake of a continued national downturn, according to a new report. The average home price in Baton Rouge was up by 4.14% in February, when compared with the year before, according to a report from First American CoreLogic’s Home Price Index. To put that in perspective, First American says more than 700 U.S. statistical areas saw prices drop in February, and for the 24th consecutive month, average housing prices were down nationally, by 12.2%. Eight states saw home prices go up in February. Louisiana at 3.28% was the second-biggest gainer, behind West Virginia with an 8.25% increase. First American bases the HPI on public records sources such as property sales, tax assessments and mortgage filings.
Baton Rouge home prices up slightly
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