25
May
Home Price Index Drops
home prices
It was reported today that the Case-Shiller 20-city home price index fell 0.5% in March from February, but prices rose 2.3% from March 2009, which was the second straight year-over-year gain. Home prices have risen about 3% nationally from their April 2009 bottom, but they are still nearly 31% below their July 2006 peak.
