Home Prices Increase Major Cities

Home prices are on the rise again after looking at reports from July according to the Standard & Poor's/Case Shiller index released Tuesday. Many factors have increased sales of homes for the time being with mortgage rates at an all-time low leading decision making.

Many leading cities see rise in home prices

People are feeling the squeeze as banks lower their inventory by slowly releasing supply. If you would like to join in the discussion please click on the link bellow:

Home Prices Increase Major Cities

What do you think is the cause of increased home sales? Do you give credit to the Fed for the increase? What do you feel is the leading cause?