You gotta disbelieve
That headline is true enough, but if you read the story you see it is reporting local real estate values increased by over 8% and 5% in terms of median and average prices year over year.
+8.3% and +5.6% to be precise..... when comparing to national real estate prices which are continuing to plummet, why is the headline about a very marginal decline in the number of sales. I still am not so sure the number of sales is inherently a good or bad metric for a region, important as it may be to the livelihood of individual real estate brokers or sales agents.
I've said this before, but when you factor in the relatively low inflation level of late, the 'real' real estate appreciation going on in Pittsburgh must be maintaining a near record pace.