What Goes Down Has to Come Up - Case-Shiller reports Home Prices Rose

From DS news:



<http://dsnews.us1.list-manage.com/track/click?u=59816bad6939d5a7dd87e45a5&i
d=dfe7579eae&e=ebe71b748c
> Case-Shiller Index Edges Higher


One month after reporting that its home price gauge had officially double
dipped, Standard & Poor's says prices have inched up, in line with the
expected seasonal boost that accompanies the spring buying season. The
20-city composite reading of the S&P/ Case-Shiller index posted a 0.7
percent increase in April versus March. It's the first monthly gain in eight
months. The composite reading remains 4.0 percent below April 2010.

-sunil


SUNIL SETHI REAL ESTATE

Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive)
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