Home Prices Rise in St. Louis in December

4 years 11 months 1 week ago Wednesday, February 06 2013 Feb 6, 2013 Wednesday, February 06, 2013 5:38:55 AM CST February 06, 2013 in News
By: Associated Press

ST. LOUIS (AP) - Home prices are on the rise in the St. Louis area.

The St. Louis Post-Dispatch reports that prices were 3.2 percent in December compared with a year earlier. That's according to new data from CoreLogic.

Still, the housing price recovery in metropolitan St. Louis is lagging behind the nation.

Prices across the country rose 8.3 percent for 2012, while St. Louis home prices -- excluding distressed properties -- rose 3.1 percent for the year. The rate of foreclosures is lower in St. Louis than in the nation overall.

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