The table gives a comparison across the twenty S&P/Case-Shiller Cities and their performance through this week’s report for April 2012. As noted in the press release, 19 of the 20 cities enjoyed higher prices in April compared to March. This time around, no cities set new lows. On a year-over-year basis ten cities were up, [...]
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Improvement in annual rates of change in home prices
April’s data for the S&P/Case-Shiller Home Price Indices were largely positive for the housing market. The 10-City and 20-City Composites were both up 1.3% in April over March, after the prior seven consecutive months of falling home prices. No cities posted new lows in April 2012. Only two cities – Detroit and New York – [...]