Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
Gold & Silver Prices in

Case Shiller Home Prices Rise In December

IMG Auteur
Published : February 26th, 2013
145 words - Reading time : less than a minute
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
Category : Opinions and Analysis

Standard & Poor’s reported that the Case Shiller 20-City Home Price Index rose in December, up 0.2 percent from November, and the index moved 0.9 percent higher after seasonal adjustments as shown below.

24hGold - Case Shiller Home Pr...

24hGold - Case Shiller Home Pr...

While seasonality is certainly making the data more difficult to interpret, there is no question that home prices continue to rise at a steady pace, though it’s worth pointing out that the slope of the year-over-year curves above was much steeper when moving up from the early-2009 bottom.

In December, the annual price change of the 20-city index reached a new recovery high of 6.8 percent, still a few percentage points back of other more timely home price gauges as buyers continue to flock to areas that were once housing bubble hot-spots. Las Vegas and Los Angeles saw the biggest price gains for the month, up 1.8 percent and 1.1 percent, respectively.

<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
Tim Iacono is the founder of Iacono Research, a subscription service providing market commentary and investment advisory services specializing in commodity based investing.
WebsiteSubscribe to his services
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
Latest Comments
Total Eclipse
15:44The Recusant
"I’d like to hear [sic] an argument..." Historical statues typically honor or remember people of greatness, the beneficial contribution th...
Can a government surplus cause the economy to tank?
18 Auggfs543
Your dissection is incisive, Steve. You weren't refuting just this one writer. You were beating up on popular Keynesian fallacies.
Can a government surplus cause the economy to tank?
17 AugDRGEORGE
Thank you very much for that Steve. But please just don't 'leave it there'. The author of that article apparently intends to expand on that bullshi...
Smoke and Fire
16 Augaccording0
some things happen without collusion do you think that the stupid little rats of blm and antifa dont get paid to help wreck our socie...
Smoke and Fire
16 Augaccording0
James. Even a believer has to leave Zoar before he starves to death. Kudos for having the fortitude to write this.
The Folly of Democratic Socialism
16 AugFalconflight
It this Amerika, I reference it as Krony Socialism.
Stock Market Correction Hasn’t Begun to Begin! It Will (And North K...
16 AugJ.
This bubble has been deemed TBTP (Too Big To Pop). Central banks have outright said in public that they will do "whatever it takes" to prevent it....
GM Tests Fleet of 46 Robocar Taxis in SF: Driverless Car Timeline P...
15 AugDRGEORGE
Correct, correct, correct. And insurance will indeed be the major driver to widespread adoption. But why do I get aggressive scepticism or blank lo...
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS