Forget Sandy, Housing Is On The Rise: Case-Shiller Up For Fifth Consecutive Month |
| October 30, 2012 | October 2012 Bond Updates |
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As Hurricane Sandy battered the coasts of the American Northeast, Standard & Poor’s released its latest Case-Shiller Home Price Indices, which recorded a fifth consecutive month of increases. While the news is encouraging, the increase in home prices slowed on a sequential basis as they remain about 30% off their 2006-peaks. Despite Sandy slowing the Northeast to a standstill, the U.S. economy continues to see signs of improvement. |
| View more at: http://www.forbes.com/sites/afontevecchia/2012/10/30/forget-sandy-housing-is-on-the-rise-case-shiller-up-for-fifth-consecutive-month/ |
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