Every component in the S&P/Case-Shiller 20-city index of home prices is weaker than a year ago, ranging from Minneapolis (down 10.8%) to Washington D.C. (down just 1.2%), but 12 of those cities have shown higher prices in three straight months. The improvement – admittedly slim – highlights regional differences but may also signal some stabilization in prices on a national basis.
Every component in the S&P/Case-Shiller 20-city index of home prices is weaker than a year ago, ranging from Minneapolis (down 10.8%) to Washington D.C. (down just 1.2%), but 12 of those cities have shown higher prices in three straight months. The improvement – admittedly slim – highlights regional differences but may also signal some stabilization in prices on a national basis.
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