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Home prices bounce back, but market still struggles

Posted on 31 August 2011

Anthony SandersHome prices made a comeback during the second quarter, but the struggling housing market isn’t out of the woods yet. Prices rose a substantial 3.6%, compared with the three months ended March 31. But home prices are still down 5.9% compared with the second quarter of 2010.
The rise in home prices came after three consecutive quarters of drops, as reported by the S&P/Case-Shiller national index — an influential gauge of residential real-estate markets……………………………………….Full Article: Source


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