30.06.2010 - April US home price gains may be illusory
From Indexuniverse.com: Signs of a sustained recovery in the U.S. residential real estate market remain elusive, with home prices still hovering near their April 2009 lows, the latest S&P/Case-Shiller Home Price Indices data showed. While all metropolitan areas surveyed showed growth rates in April, with the 10-City and the 20-City Composites up on the year 4.6 percent and 3.8 percent, respectively, that rise may have reflected last-chance buying interest in the final month of the U.S. government’s Federal Home Buyer Tax Credit program, S&P said..............................................Full Article: Source
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