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 | Dennis Norman According to the Housing Market Report that was issued this morning by Radarlogic,home prices increased in June from the previous month in 23 out of the 25 metropolitan areas tracked by their company. Overall the composite for all 25 metros showed a 3% gain in price from May to June representing [...] Today the S&P/Case-Shiller Home Price Indices report was released which showed that,although still negative,the annual rate of decline of the 10-City and 20-City Composites improved for the fourth consecutive month in 2009. The 10-City and 20-City Composites declined 16.8% and 17.1%,respectively,in May compared to the same month last year. These values are [...] Dennis Norman Home prices in the U.S. fell 9.2% in May compared to a year ago according to newly released data from First American CoreLogic and its Loan Performance Home Price Index (HPI). This drop represents the smallest year-over-year decline since December 2007. Below are other highlights from the data released:The [...] | ||||
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