Home Prices Rise Sharply in November 2012, Same is true for December 2012

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From DS News

 

Case-Shiller Indexes Shows Sharp Annual Gain in November

Despite a month-over-month drop, the 10- and 20-city Case-Shiller Home Price Indexes registered their strongest year-over-year improvement in two and a half years on a non-seasonally adjusted basis, Standard & Poor’s reported Tuesday.

The 10-city index fell 0.2 percent and the 20-city index dropped 0.1 percent in November, but year-over-year, the 10-city index was up 4.5 percent, and the 20-city index rose 5.5 percent. It was the strongest year-over-year gain in the 10-city index since June 2010 and in the 20-city index since May 2010.

 

- sunil

 

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