However, nationwide values have risen 12.6% over the past year and 0.7% over the past three months. They are now 34.2% above the previous market peak of late 2007. The average value nationwide is now $556,206. When adjusted for inflation the nationwide annual increase drops slightly to 12.5% and values are now 14.7% above the 2007 peak.
See the press statement from QV here.