Case-shiller Index: 'glimmer Of Hope' As Home Prices Rise Slightly

Case-Shiller index: 'Glimmer of hope' as home prices rise slightly

The closely watched Case-Shiller index of home prices in American cities rose slightly in August from the prior month.

Senh: Hopefully, that means we've already hit the bottom, and things are moving up. Apparently, this is the fifth month in a row in which home prices have gone up, so that's the good news. The bad news is that economists are predicting drops in fall and winter, which makes sense since those are the slow periods for real estate.

RELATED ARTICLES
  • Real 'Fault in Our Stars' couple reunited by hope
    Katie and Dalton Prager, a young couple who both have cystic fibrosis, celebrated happy news when they reunited Tuesday afternoon after nearly five months apart: Katie is on her way to getting a lifesaving lung transplant. More
  • US home sales rebound slightly in February
    U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
  • Vanilla Ice charged with burglary in Florida
    Vanilla Ice has been charged with breaking into and stealing from an abandoned home that is in foreclosure in Florida. More
  • US home building is surging, but job growth isn't
    The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More
  • Unemployment falls to 7.5%; job creation solid in April
    The job market plugged along steadily, and unemployment fell in April, according to new data out Friday, suggesting that the U.S. economy is still expanding. The nation added 165,000 jobs in April as the unemployment rate fell to 7.5 percent, from 7.6 percent in March, the Labor Department said on Friday. More
BING NEWS:
  • Home prices rise 5.2% Y/Y in August, slowing as expected: S&P CoreLogic Case-Shiller
    S&P CoreLogic Case-Shiller Home Price Index Composite for 20 cities ... up from the 0.3% rise in the previous month. The month-over-month change in the HPI composite for 20 cities, unadjusted ...
    10/29/2024 - 3:01 am | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News