Homes prices on the rise

According to Altos Research:

 

Altos Index Shows Rise in Home Prices, First in Nine Months

Analysis by Altos Research shows that home prices in most major U.S. cities have broken free of the downward spiral. The company's 10-city composite index was up 0.2 percent in May - the first monthly increase recorded by Altos in nine months. Another positive, Altos says readings of weekly price changes have continued to show modest seasonal increases for the past seven weeks, indicating that traditional home price metrics will soon show increases as well.
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