Topic: Rochester home prices are holding steady
As many housing markets across the country struggle mightily in the aftermath of the 2007-09 recession, home prices in the Rochester area remain solid and the real estate industry expects a pickup in activity this year after a mild slowdown.
The fact that Rochester came through the recession in better shape economically than most metropolitan areas in the U.S. is largely due to the stability of the real estate market, local and national economists say.