SW Metro Real Estate

By: Mark Lieberman

The Case Shiller Home Price Indexes rose for the first time in eight months in April. The 10- and 20-city indexes each rose 1.3 percent, to the highest levels this year. Year-over-year, the 10-city index was down 2.2 percent and the 20-city index off 1.9 percent, both improvements from March.

Economists had expected the 20-city index to show a 2.3 percent year-year decline in April.

Prices improved month-month in all but one of the 20 cities tracked by Case Shiller; prices fell 3.6 percent in Detroit. Prices were up year-year in 10 of the 20 cities
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Tags: are home prices up?, case-shiller price index, case-shiller report, Housing Market, New homes in the Twin Cities, Twin Cities Housing Market

Posted on Tuesday, July 24th, 2012 at 1:36 am and is filed under Housing Market. 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.