25.08.2011 - Home prices rise? Not really
The good news: The FHFA home-price index rose in June. The bad news: Itís still awful. The FHFA said its House Price Index rose 0.9% month-over-month in June, topping Mayís 0.4% gain and solidly trumping the 0.2% economists expected. But the gain masks the longer-term deterioration in prices, as demand remains at record low levels..............................................Full Article: Source
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