Tuesday, June 30, 2009

Home price decline flattens out in April - Jun. 30, 2009

Home price decline flattens out in April - Jun. 30, 2009: "Home prices continued to tumble in April, falling 18.1% from a year earlier -- but the change from March narrowed sharply, indicating that housing markets may be starting to turn.

The 20-city slice of the S&P/Case-Shiller Home Price index recorded a drop of 0.6% from March to April, compared with a 2.2% drop in the prior month. The index has declined every month since July 2006."

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It's about time.

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