Index Shows Prices Up Again in August
According to the latest S+P/Case-Shiller data, the 20-city index rose 1.2 percent from July to August, slightly less than the 1.6 percent rise from June to July. Although down 11.3 percent since the previous August, this is an improvement from -19.1 percent in the first quarter. The index is even with its fall of 2003 level.
San Francisco and Minneapolis had the strongest performances from July to August, up 2.8 and 3.2 percent each. The only cities that declined in July were Las Vegas, Cleveland and Charlotte.
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