Posted To: MND NewsWire
Home prices continue to confound predictions of decelerating gains. The S&P/Case-Shiller National Home Price Index gained 5.2 percent over the 12 months period ended in October - up from the 4.9 percent gain reported for year-over-year for September. The Index, which covers all nine U.S. census divisions, was up 0.1 percent from September to October this year. Case-Shiller's 10-City Composite Index increased on a year-over-year basis by 5.2 percent compared to a 12-month gain in September of 4.9 percent. The 20-City also accelerated from the previous month with an annual gain of 5.5 percent versus 5.4 percent in September. Twelve of the 20 cities covered by Case-Shiller had greater annual price gains in October than in September. San Francisco, Denver, and Portland (Oregon) continue to...(read more) Forward this article via email: Send a copy of this story to someone you know that may want to read it.
from Mortgage News Daily http://ift.tt/1VnXeA7
No comments:
Post a Comment