The US home prices extended a winning streak in November 2013
According to the S&P/Case-Shiller indexes, the US home prices extended a winning streak in November, with 2013 shaping up as the best year for gains since 2005.
The composite 20-city home price index, a key gauge of US home prices, was up 13.7% in November 2013 from a year earlier. All 20 cities have posted year-over-year gains for 11 straight months.
Prices in the 20-city index were 0.1% lower than the prior month, but that’s mostly due to the weaker winter selling season. Adjusted for seasonal variations, prices were 0.9% higher month-over-month. Nine of the 20 cities posted a monthly decline, though on a seasonally adjusted basis priced no city saw a drop.
Though home-price gains have been strong, the Case-Shiller data are lagged.
Many analysts expect increases to moderate this year.
EXd15C8rpM8Quincy Jones, the celebrated musician and producer who worked with Michael Jackson, Frank Sinatra, Ray…
Misleading allegations, rumours and outright lies about voting and fraud are flooding online spaces in…
At least 158 people have died in Spain's worst flooding disaster in generations. On October…
Google has been fined two undecillion (a two followed by 36 zeroes) roubles by a…
Embarking on a home remodel is an exciting journey, promising enhanced comfort, increased property value,…
The US presidential candidates continued to campaign across key swing states on October 20. Footage…
