Case Shiller Home Prices in August

According to the Case Shiller home price index, prices have increased now  for four months in a row.  In fact, 17 of 20 major US cities increased 1.2% in August over July.

“U.S. home prices have apparently bottomed,” wrote Harm Bandholz, an economist for UniCredit Markets. (source MarketWatch.com)

This is a positive sign in what has been 3 years of a devastating US real estate market.

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