Quad City Home Prices Show Strength - News and Weather For The Quad Cities -

Quad City Home Prices Show Strength

Updated:
  • Most Popular StoriesMost Popular StoriesMore>>

  • IL Lawmakers Aim To Ban The Sale Of Microbeads

    IL Lawmakers Aim To Ban The Sale Of Microbeads

    Saturday, April 19 2014 7:55 PM EDT2014-04-19 23:55:32 GMT
    A measure working its way through the Illinois General Assembly would ban the sale of micro-beads in the state.More >>
    A measure working its way through the Illinois General Assembly would ban the sale of micro-beads in the state.
    More >>
  • Verdict of Davenport Vehicle Homicide Case

    Verdict of Davenport Vehicle Homicide Case

    Friday, April 18 2014 10:32 PM EDT2014-04-19 02:32:10 GMT
    DAVENPORT, IA -- A Scott County Jury deliberated on whether a man should be held responsible for a pedestrian death. The trail against driver, Dale Varner, happened this week. In September 2012, VarnerMore >>
    DAVENPORT, IA -- A Scott County Jury deliberated on whether a man should be held responsible for a pedestrian death. The trial against driver, Dale Varner, happened this week. In September 2012, VarnerMore >>
  • First Alert Weather 24/7

    KWQC 24/7 Weather

    KWQC 24/7 Weather is our 24 hour weather channel.  It's available here at KWQC.com, on Mediacom Channel 247 (in the Quad Cities), over the air on Digital 6.2 or you can call your local cable company...More >>
    KWQC 24/7 Weather is our 24 hour weather channel.  It's available here at KWQC.com, on Mediacom Channel 247 (in the Quad Cities), over the air on Digital 6.2 or you can call your local cable company to ask for KWQC 24/7 Weather.More >>

The Eastern Iowa market continues to see steady and strong growth in home appreciation costs, according to Ruhl and Ruhl Realtors.

According to a news release, in the Quad City region, home prices have increased 1.67 percent over the past year. The data was compiled by the Federal Housing Finance Agency for the 3rd quarter of 2013.

Nationally, home prices have increased .15 percent over the past five years. Ruhl and Ruhl says the Quad Cities market saw an increase of 3.93 percent; Des Moines down .50 percent; Chicago down 15.17 percent; Cedar Rapids up 1.33 percent; Iowa City, up 5.32 percent and Dubuque up 9.71 percent.

In the past year, local prices did not appreciate as much as prices in many other markets, but Ruhl and Ruhl says that's because local home prices also didn't fall as drastically as in other areas of the country. According to the Federal Housing Finance Agency, of the 287 MSAs (Metropolitan Statistical Areas) ranked by home price appreciation, all Ruhl and Ruhl markets in eastern Iowa ranked in the top 68 percent in the nation and the Quad Cities at 170th.

The full government report is available at www.fhfa.gov <http://www.fhfa.gov>.