St. Louis Metro Home Prices To Decline This Year, Forecaster Predicts

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Home prices rose 1.2 percent in metro St. Louis last year, but they’ll go nowhere in 2013, according to forecasters at Zillow. The real estate website thinks price here will decline just slightly — by 0.1 percent — over the next year. Nationally, Zillow expects home prices to rise 3.3 percent. Prices in the city of St. Louis rose 24 percent last year, Zillow reported, and its top economist Svenja Gudell had no explanation for the large increase, which defied he trend in the rest of the region.

Read more in the St. Louis Post-Dispatch

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