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

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.

 

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