Tuesday, March 30, 2010

Case-Shiller House Prices increase in January

by Calculated Risk on 3/30/2010 09:04:00 AM

From Bloomberg: Home Prices in 20 U.S. Cities Increased 0.3% in January

The S&P/Case-Shiller home-price index climbed 0.3 percent from the prior month on a seasonally adjusted basis after a similar gain in December, the group said today in New York. The gauge was down 0.7 percent from January 2009, the smallest year- over-year decrease in two years.
...
“While we continue to see improvements in the year-over- year data for all 20 cities, the rebound in housing prices seen last fall is fading,” David Blitzer, chairman of the index committee at S&P, said in a statement.
Graphs soon (S&P site always crashes when this data is released).