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| Daren Blomquist |
IRVINE, CA — RealtyTrac®
(www.realtytrac.com), the nation’s leading source for comprehensive housing
data, released its Year-End 2015 U.S. Home Sales Report, which shows that
U.S. home sellers in 2015 realized an average price gain since purchase of 11
percent ($20,378), the biggest average price gain for U.S. home sellers since
2007 — an eight-year high.
The 11 percent average
price gain in 2015 marked the second consecutive year where U.S. home sellers
realized an average price gain following six consecutive years where U.S. home
sellers realized average price losses.
“With some local market
exceptions, the 2015 home sales data paints the picture of a properly
functioning U.S. housing market where homeowners can once again count on real
estate as an appreciating asset — a long-touted axiom soundly debunked as
ironclad truth between 2008 and 2013,” said Daren Blomquist, vice president at RealtyTrac.
“This return to consistent
home price gains for sellers should reinforce confidence in real estate in 2016
and produce another year of solid sales volume as homeowners cash out their
equity gains.”
For a complete copy of the company’s news release, please
contact:
Jennifer von Pohlmann
Sr. Data PR Manager
Office: 949.502.8300 ext
139
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