Home Prices are increasing
Thursday, September 30, 2010
As home prices continue to increase month after month does that mean real estate is getting stronger? Most likely it just means it is starting to stabilize a little as sales are still slow in most markets.
Home prices have increased over the last five months, according to an industry report released Tuesday by S&P/Case-Shiller home price index, prices increased by 0.6 percent in July compared with June. On a year-over-year basis, prices increased 3.2% compared with July 2009. http://www.ncrealtors.org/news_display.cfm?nid=1425