WSJ- Housing Passes Milestone- Price indexes bending up

The U.S. finally has moved beyond attention-grabbing predictions from housing "experts" that housing is bottoming. The numbers are now convincing.

Nearly seven years after the housing bubble burst, most indexes of house prices are bending up. "We finally saw some rising home prices," S&P's David Blitzer said a few weeks ago as he reported the first monthly increase in the slow-moving S&P/Case-Shiller house-price data after seven months of declines.

Posted on July 16, 2012 at 8:39 pm
Sue Linnerooth | Category: Duvall Real Estate

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