U.S. home prices rose April to May, the second consecutive month of gains, the Standard & Poor's/Case-Shiller report said Tuesday. Home prices rose 2.2 percent in both the 10-city and 20-city indexes after rising 1.3 percent in both indexes in April, which was the first rise in seven months. On an annual basis, prices are still off, showing a 1 percent decline in the 10-city index and a 0.7 percent decline in the 20-city index. In April, the annual decline for the larger index stood at 1.5 percent. Atlanta is the only city with double-digit annual declines with its pricing index off 14.5 percent. "However, this is an improvement over the minus 17 percent annual decline in April," the report said. "With May's data, we saw a continuing trend of rising home prices for the spring," said David Blitzer, chairman of the Index Committee at S&P Indices.
GMT 10:07 2018 Wednesday ,07 November
Top Spanish court scraps ruling ordering banks to pay mortgage taxGMT 12:56 2018 Friday ,21 September
Is London real estate still a buyer’s market?GMT 12:44 2018 Tuesday ,11 September
Emaar denies plans to offer 10-year visa to UAE investorsGMT 13:43 2018 Thursday ,06 September
Luxury property owners get back the courage to sellGMT 13:38 2018 Thursday ,06 September
Northern Powerhouse cities for UAE property investorsGMT 13:35 2018 Thursday ,06 September
Overseas buyers find comfort in current Dubai realty pricesGMT 10:44 2018 Monday ,15 January
Bitcoin fever hits US real estate marketGMT 14:30 2018 Friday ,12 January
Airbnb 'disappointed' by Amsterdam plan to cut rentalsMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor