Tuesday, June 26, 2012

Housing Prices Increased In 19 Of 20 Cities In Case-Shiller Index

Prices increased  for all of the cities in the index, except Detroit, from April to March.  The index is not seasonally adjusted so it may be reflecting the Spring buying season.  It appears, however, that investors are scooping up homes at their current prices.  Hopefully, the market has bottomed out.

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