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View Full Version : home prices rise in most cities



truthmatters
10-30-2012, 03:14 PM
http://economywatch.nbcnews.com/_news/2012/10/30/14803720-home-prices-rose-at-faster-pace-in-august?lite&ocid=msnhp


Home prices rose in nearly all U.S. cities last month, the latest evidence of a steady recovery in housing.
The Standard & Poor's/Case Shiller index reports that national home prices increased 2 percent in August compared with the same month a year ago. That's the third straight increase and a faster pace than in July.
And prices in hard-hit Las Vegas rose 0.9 percent, the first year-over-year gain since January 2007.
The report also says prices rose in August from July in 19 of the 20 cities tracked by the index. Prices had risen in all 20 cities in the previous three months.

truthmatters
10-30-2012, 03:17 PM
Im sure you will find a way to take the credit right?

roadmaster
10-30-2012, 03:54 PM
They can rise all they want to but many homes are abandon and bank owned. Can't hardly sell those. I live in a nice neighborhood near good schools and two neighbors that lost their jobs, one has been trying to sell for over a year now for just the payoff and it's not high. Even the short sales are not selling. NC economy is a mess and the banks are not loaning. May be different in other states.