iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Home Prices Rise Much More Than Expected – Case Shiller Index

 

“The number is out, and it’s good.

House prices rose 0.67% in April according to the S&P Case-Shiller 20 city composite.

That’s well above the sequential 0.3% that was expected.

On an annual basis, the fall was just 1.9%… far better than the fall of 2.5% that was expected.”

Full report

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2 comments

  1. heaterman

    Of course they rose. …it means nothing considering houses can be had for less than 10k in Detroit. Duh!!!!!!

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  2. Scavenger

    My local county property appraiser says that demand for houses is up, but not for vacant land.

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