Home Prices On The Rebound

Home prices rebound National housing prices dropped 32% from the peak in Q206 to trough in Q109 and rebounded 6.3% by the end of 2009, according to a Standard & Poor’s (S&P)/Case-Shiller home price index annual report. S&P chief economist David Wyss projects housing sales and starts to drop over the winter, but to remain… Read More

U.S. Homeowners Lost $5.9 Trillion Since 2006 Peak (Update1) (Bloomberg)

Almost half a trillion dollars was wiped out this year through November as housing headed for a third straight annual decline. New foreclosures and higher mortgage rates in 2010 may hinder a rebound, the property data service said today in a statement.

Housing data points to rocky rebound (Builder Magazine)

WASHINGTON – Sales of new homes rose more than 6 percent in October. But that was only because of strong results in the South. Home prices rose in 11 major metro areas in September, but fell in nine. Home resales, meanwhile, were up nationwide, with the biggest gain in the Midwest.

Housing data points to rocky rebound (INO News)

(AP:WASHINGTON) Sales of new homes rose more than 6 percent in October. But that was only because of strong results in the South. Home prices rose in 11 major metro areas in September, but fell in nine. Home resales, meanwhile, were up nationwide, with the biggest gain in the Midwest.