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17 of 20 Metros Show Home Price Increases

S&P/Case-Shiller index for August 2009 released

October 27, 2009
HousingZone

For the seventh month this year, home price ratings have improved, according to the August 2009 S&P/Case-Shiller Home Price index, which was released today. Reed Construction Data Chief Economist Jim Haughey notes the home-buyer tax credit might be responsible for the gradual increase, which eventually could lead to several month-to-month declines.

© 2009, Reed Business Information, a division of Reed Elsevier Inc. All Rights Reserved.

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