caseshiller index: 16 of 20 Case-Shiller Cities Show Improvement In May
- 07/28/11 02:56 AM
<!-- .entry-meta --> Standard & Poors released its May 2011 Case-Shiller Index this week. The index measures change in home prices from month-to-month, and year-to-year, in select U.S. cities. May’s Case-Shiller Index showed a 1 percent increase from April 2011. Home values rose in 16 of the Case-Shiller Index’s 20 tracked markets. Only Detroit, Las Vegas and Tampa fell. Phoenix was flat. Don’t look too far into the findings, though. Like the FHFA’s Home Price Index, the Case-Shiller Index is rife with flaws. The first flaw of the Case-Shiller Index is its limited geography. Despite being positioned as a national … (0 comments)
caseshiller index: Home Values Climb 0.8 Percent In April
- 06/29/11 12:00 PM
Maybe homes in Raleigh are holding value better than we thought. Between March and April of this year, home values rose 0.8 percent nationally, according to the Federal Housing Finance Agency's Home Price Index. It's the index's first month-to-month improvement since May of last year. Values are down 19 percent since peaking 4 years ago. Private-sector data affirms the government's report. Tuesday, the S&P's Case-Shiller Index also showed home values higher by 0.8 percent in April, on a monthly basis. Led by Washington, D.C. and San Francisco, 13 of the Case-Shiller's 20 tracked markets showed improvement in April. In March, just … (0 comments)
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