Case Shiller Price Index Shows Home Prices Are Still Increasing - Mortgages for America

Home prices are still rising, but at a slower pace according to the S&P Case-Shiller Home Price Indices for June. Home prices for the cities surveyed in the HPI rose by 12.10 percent on an annual basis as compared to May's reading of 12.20 percent. This is the highest rate of monthly growth for home prices since the peak of the housing bubble in 2006. June's home prices remained approximately 23 percent lower than peak prices, but economists consider the bubble peak an anomaly and caution against comparing current home prices to the peak prices seen in 2006. For the full article you can connect to our blog through our profile. We welcome any comments on this discussion.

  • August 28 2013 - US
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