Posted on August 25, 2009 - by admin
Case-Shiller: House prices up for second month
The data from the S&P/Case-Shiller Home Price Indices for June 2009 were released at 9AM ET, showing that house prices in the US increased for the second consecutive month. Last month marked the first month since July 2006 that prices rose in the US. While prices should rise during the spring and summer, the most buoyant period for residential property, the rise in prices does mark a break with the three-year downward trend.
Read the original here:
Case-Shiller: House prices up for second month
This entry was posted on Tuesday, August 25th, 2009 at 08:30 and is filed under Property Markets. You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
