From the Boston Herald:
The latest federal statistics on housing prices in hundreds of local markets reveal patterns that havent been making the nightly news: While on a national basis homeowners have lost over $1 trillion in equity since the end of the boom, the overwhelming majority of local markets continue to show net cumulative value growth over the past 60 months.
In fact, according to the third-quarter survey released Nov. 25 by the Federal Housing Finance Agency, out of 292 metropolitan markets, 273 showed positive net home values over the course of the previous five years, while 19 were negative.
