Case Shiller: More Signs of Housing Price Recovery

U.S. housing prices are showing more signs of recovery. On Tuesday Case-Shiller released their index of home prices in 20 cities and it rose 0.6 percent in February from last year. The National Association of Realtors reported last week that existing-home prices advanced 0.4 percent in March as sales climbed for the first time . . . → Read More: Case Shiller: More Signs of Housing Price Recovery

Economic Events on April 27, 2010

The weekly ICSC-Goldman Store Sales report will be released at 7:45 AM EDT, and another strong week of sales is expected.

At 8:55 AM EDT, the weekly Redbook report will be released, giving us more information about consumer spending.

The monthly S&P/Case-Shiller home price index report will be released at 9:00 AM EDT.  Given . . . → Read More: Economic Events on April 27, 2010

Home Prices Continue Seasonal Improvement

Seasonal factors play an important part in the monitoring housing prices, pushing up prices during the high traffic months of the spring and summer and pulling them down in the cold of the fall and winter.

The Case-Shiller data on home prices was released on Tuesday. When seasonally adjusted, the data points to an . . . → Read More: Home Prices Continue Seasonal Improvement