Case-Shiller Shows Housing Prices Stabilizing … For Now
The new Case-Shiller U.S. National Home Price Index numbers show what happens when a skydiver pulls the rip cord: Q1 2009 = -19%, Q2 2009 = -15%, Q3 2009 = -8.7% and Q4 2009 = -2.5% (YoY)...
View ArticleHousing Market Is In Better Shape Than This Time Last Year, But For How Long?
This morning, the new S&P/Case-Shiller Home Price Indices shows that the U.S. National Home Price Index rose 4.4% in the second quarter of 2010, after having fallen 2.8% in the first quarter. This...
View ArticleTop 3 Reasons Today’s Markets Were Mixed
Markets closed mixed on Wall Street: DJI +0.05% SP500 +0.03% Nasdaq -0.28% Gold +0.9% The markets were mixed because: S&P/Case-Shiller Home Price Indices shows that the U.S. National Home Price...
View ArticleHome Builder Investors Look to Clean House on Rental Market
The housing market in general still remains broken. According to recent data, home prices in 20 U.S. cities dropped four percent in December. Even with mortgage rates near record lows, the home index...
View ArticleSubsidies Boost Home Prices More Than Expected
Low interest rates and reduced inventory levels continue to bode well for the housing market, as home prices increased more than expected in October. Compared to the previous month, the...
View ArticleTuesday’s Midday Movers: 3 Stories Driving Markets
The major U.S. markets were rising significantly following the Labor Day weekend. As of noon: DIJA: +0.11% to 14,826.93 S&P 500: +0.43% to 1,639.93 NASDAQ: +0.70% to 3,615.09 Gold: +1.74% to 79.38...
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