From Ibtimes.com: Prices of single-family homes fell in February on a monthly basis but posted the first annual increase in more than three years, Standard & Poor's/Case Shiller home price indexes showed on Tuesday.
The report suggests more price erosion is possible before prices start rising on a sustained basis, S&P said. The price improvement can be attributed to momentum from the federal homebuyer tax credits, which expire on April 30, and prices could be pressured further by foreclosure sales.........................................Full Article: Source
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