Tuesday, October 30, 2012

Home Values' Continued Recovery

The S&P / Case-Shiller home price index is out and prices rose 2% in August on a year-over-year basis.  Here is a Bloomberg article and a Calculated Risk blog post on the increase.  In a report full of positive housing news, this sentence on Phoenix from the Calculated Risk post stood out:
“Phoenix continues to lead the home price recovery. It recorded its fourth consecutive month of double-digit positive annual returns with a +18.8% rate for August."

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