After five years of declining values exceeding those of Philadelphia and its suburban counties, most Jersey Shore towns experienced flat or positive price changes in this year's first quarter, economist Kevin Gillen of Econsult Inc. said Thursday.
In an analysis for Prudential Fox & Roach, Gillen found that the typical Shore home declined in value by a scant 0.1 percent on a seasonally adjusted basis in the quarter. Prices fell 1.8 percent in the fourth quarter of 2010 and 6.2 percent in the third quarter.
