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Home prices drop, but at a slower rate
Written on 30 Jun, 2009 at 7:28 in News | viewed 70 views times and users have made 0 comments so far
S&P/Case-Shiller index down 18.1% year over year, but monthly drop narrows to 0.6% in April. By Les Christie, CNNMoney.com Last Updated: June 30, 2009: 9:44 AM ET NEW YORK (CNNMoney.com) — Home prices continued to tumble in April, falling 18.1% from a year... (Continue reading)
Housing Foreclosures Fall in May
Written on 11 Jun, 2009 at 17:15 in News | viewed 60 views times and users have made 0 comments so far
Foreclosures declined 6 percent in May compared to April, but the number is still an increase of 18 percent compared to May 2008, reports RealtyTrac. “May foreclosure activity was the third-highest month on record, and marked the third straight month where... (Continue reading)
Pending Home Sales Increase
Written on 2 Jun, 2009 at 17:19 in News | viewed 79 views times and users have made 0 comments so far
The Pending Home Sales Index, a forward-looking indicator based on contracts signed in April, rose 6.7 percent to 90.3 from a reading of 84.6 in March, and is 3.2 percent above April 2008 when it was 87.5. Lawrence Yun, NAR... (Continue reading)