Out of the seven swing states in the upcoming presidential election, six of them saw year-over-year increases in home prices in September, with Nevada and Florida, two of the states hit hardest in the downturn leading the way, according to Trulia.
Trulia’s chief economist Jed Kolko said, “The timing of the housing price rebound couldn’t be better for President Obama. Prices are up sharply in Nevada and Florida, two swing states that suffered a lot of housing misery.
“Rising prices take the pressure off the candidates to propose housing solutions before the elections, and make it harder for
Home prices in Nevada were up 7% over 2011 and Florida up 6.9%. They were followed by Colorado at 5.5%, Iowa at 3.2%, Missouri at 2.4% and Virginia at 0.4%.
The only state in which prices declined was North Carolina, and that was at a mere 0.8%.
