July 2007 Home Price Update for Top Retirement Cities

Home prices through July 2007 are now available for the 70 cities in the RetireHomeSmart.com survey.

The housing stall is affecting about half of the cities in our survey with average home sales price growth either flat or negative from the end of 2006. Large inventories of available homes and tight credit will keep pressure on home prices even in the popular retirement cities that we track.

But all news is not bad news as the other half of our cities have seen positive home price growth since 2006 with 11 cities showing double-digit gains. Gulf Shores, AL (33%) and Park City, UT (28%) lead the pack.

Continue to stay tuned to RetireHomeSmart.com for monthly home price updates. You can also check important demographic, environmental, crime and financial facts for 70 of the best cities in America for retirement and recreation.