Monday, September 30, 2013

Beyond the Headlines: Home Prices Rising at Fastest Pace Since Start of Bubble

Source: The Wall Street Journal

During the first seven months of 2013, home prices rose faster than any year since 2004, which is the year that marked the beginning of the home-price bubble. When examining the results of the S&P/Case-Shiller home price index for 20 major metro areas, the index had its largest June-to-July increase in the 14-year history of the 20-city index, as prices rose by 1.8% from June.
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