Mar 30th 2012 1:00PM
At best, an increase in foreclosures takes a double-edged sword to the housing market. On the one hand, it means we may be inching toward stabilization, as shadow inventory begins to move through the pipeline. On the other, it spells more stress for beleaguered homeowners and puts downward pressure on home prices. Housing... Continue Reading »
Jan 31st 2012 9:30AM
WASHINGTON - U.S. home prices fell for a third straight month in nearly all cities tracked by a major index. The declines show that most homeowners are not reaping the benefits from some signs of an improving housing market. Prices dropped in November from October in 19 of the 20 cities tracked, according to the Standard... Continue Reading »
Dec 27th 2011 11:40AM
WASHINGTON - U.S. home prices fell in most major cities for the second straight month, further evidence that the housing recovery will be bumpy and weigh on the broader economy in 2012. The Standard & Poor's/Case-Shiller index released Tuesday showed prices dropped in October from September in 19 of the 20 cities... Continue Reading »
Oct 25th 2011 9:30AM
WASHINGTON -- Home prices rose in August in half of major cities measured by a private survey, a sign that prices are stabilizing in some hard-hit portions of the country. The Standard & Poor's/Case-Shiller index showed Tuesday that prices increased in August from July in 10 of the 20 cities tracked. That marked the... Continue Reading »
Sep 27th 2011 4:36PM
WASHINGTON -- Home prices rose for a fourth straight month in most major U.S. cities in July, buoyed by seasonal buying. But the housing market remains depressed, and prices are expected to decline in the coming months. The Standard & Poor's/Case-Shiller index released Tuesday showed home prices increased in July from... Continue Reading »
