The Traderszone Network

Published in TZ Latest News 25 August, 2015 by The TZ Newswire Staff

Case-Shiller Home Prices Dip In June, Miss For 3rd Month In A Row

Home prices rose 4.97% YoY in June, according to Case-Shiller’s 20-City index, missing expectations for the 3rd month in a row. Price appreciation has now been flat for 5 months – despite surging home sales – as bubblicious San Francisco saw price depreciation once again. Portland amd Denver saw the most appreciation in June. This is the second month in a row of sequential seasonally-adjusted declines in home prices, and along with TOL’s dismal report this morning, suggests maybe another pillar of the ‘strong’ US economy meme is being kicked out…

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