Thursday, September 3, 2009

Index shows first increase in real estate value in last 3 years

The Case-Shiller Index shows the first national price increase. According to the Huffington Post, "Home prices across most of the country have started to rise from the depths of the housing slump, a critical trend that will help stabilize the broader U.S. economy, according to new figures released Tuesday.

Nationally, prices in the second quarter posted their first quarterly increase in three years, according to the widely watched Standard & Poor's/Case-Shiller's U.S. National Home Price Index"

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