WASHINGTON (AP) - US home prices rose in most major cities in October compared with a year ago, pushed up by rising sales and a decline in the supply of available homes. Higher prices show the housing market is improving even as it moves into the more dormant fall and winter sales period. The Standard &... Continue Reading »
May 29th 2012 11:10AM
By Christopher S. Rugaber Home prices rose in March from February in most major U.S. cities for the first time in seven months. The increase is the latest evidence of a slow recovery taking shape in the troubled housing market. The Standard & Poor's/Case-Shiller home price index shows that prices increased in 12 of... Continue Reading »
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 »
