Positive News On Real Estate » Housing First Monthly Gain in Three Years http://www.positiveonrealestate.com Positive Real Estate News Thu, 09 Feb 2012 15:34:35 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Housing First Monthly Gain in Three Years http://www.positiveonrealestate.com/pr/412 http://www.positiveonrealestate.com/pr/412#comments Wed, 29 Jul 2009 15:33:42 +0000 admin http://www.positiveonrealestate.com/?p=412 Home prices in major U.S. cities registered the first monthly gain in nearly three years, according to a new report that provided fresh evidence that the severe U.S. housing downturn could be easing.

Standard & Poor’s Case-Shiller index, which tracks home prices in 20 metropolitan areas, rose 0.5% for the three-month period ending in May, compared with the three months ending in April. It marked the index’s first increase after 34 straight months of decline, and came after a variety of housing indicators has shown glimmers of hope for the past several months.

source: WSJ

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