According to the index, July was the fourth month in a row to show prices trending up. Not exactly a call for dancing in the streets--but cautious optimism may be more appropriate. I highlighted the tiny uptick in red so you can see how it compares to the preceeding trends.You can read the full article here Housing Prices Trending Up!Saturday, October 1, 2011
Here Comes Some Sun
Maybe, just maybe, there is an economic statistic that may be cause for being somewhat optimistic. Each month the Case-Schiller Price Index is released by the folks at Standard & Poors. Even though we have seen Standard & Poors in a less favorable light since it downgraded the US debt, it is stil one of the most reliable resources we have for tracking home prices.
According to the index, July was the fourth month in a row to show prices trending up. Not exactly a call for dancing in the streets--but cautious optimism may be more appropriate. I highlighted the tiny uptick in red so you can see how it compares to the preceeding trends.You can read the full article here Housing Prices Trending Up!
According to the index, July was the fourth month in a row to show prices trending up. Not exactly a call for dancing in the streets--but cautious optimism may be more appropriate. I highlighted the tiny uptick in red so you can see how it compares to the preceeding trends.You can read the full article here Housing Prices Trending Up!
