Nevada City Virtual Tour

Monday, September 10, 2012

Home prices rose in second quarter

Home prices rose in second quarter

The S&P/Case-Shiller Home Price Indices shows that all three headline composites ended the second quarter of 2012 with positive annual growth rates for the first time since the summer of 2010. The national composite was up 6.9 percent compared with the first quarter of 2012.
Month-over-month, average home prices in the 10-City Composite were up 2.2 percent and in the 20-City Composite were up 2.3 percent compared with May. For the second consecutive month, all 20 cities and both Composites recorded positive monthly gains. Eighteen of the 20 MSAs and both Composites posted better annual returns in June as compared with May 2012.

Gary Tippner is Short Sale and Foreclosure Resource Certified
Relocation Specialist ~ Luxury Specialist ~ Investor Advisor

Call 1-877-311-GARY
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