Showing posts with label Economics. Show all posts
Showing posts with label Economics. Show all posts

November 27, 2012

Home prices: Biggest rise in more than 2 years

Home prices: Biggest rise in more than 2 years
By Chris Isidore | CNNMoney.com
2012/11/27
In another sign of a housing market rebound, home prices posted the biggest percentage gain in more than two years in the third quarter, according to the closely followed S&P/Case-Shiller index.
The 3.6% increase from a year earlier is more than three times the rise in the previous quarter and was the biggest jump in prices since the second quarter of 2010. But that 2010 rise was much more of a temporary