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Detroit  Residential property values climbed 8% last year, marking the fourth straight year of property value growth in Detroit, officials said Thursday. Mayor Mike Duggan said 189 out of 194 neighborhoods saw values rise. The majority or 111 neighborhoods saw a 5% to 10% boost. Another 53 neighborhoods saw values go up by 10% to 15%; seven others had values go up by more than 15%. There were 18 neighborhoods that had increases of less than 5%. It isn t they went up in downtown and Midtown and went down everyplace else, Duggan said during a news conference while referencing a color-coded city map. This is what a healthy, growing city should look like. It should show property values going up from one end of the city to the other.

United statesWayne countyAlvin horhnGretchen whitmerBernadette atuaheneMike dugganRashida tlaibColemana young municipal centerHomeowners property tax assistance programDetroit city councilUniversity of chicagoCoalition for property tax justiceCity assessor alvin horhnChief financial officer jay risingGreat recessionDetroit news