Tuesday, November 24, 2009

US home prices slowing their ascent

The US home prices have slowed down the increase in home prices observed from June to August 2009 when the home prices appreciated by 1% each month. The increase in home prices was much modest at 0.3% in September 2009. Compare to the peak observed in May 2006, the US home prices in September 2009 were still 9.6% lower than the 2006 record highs.


Source: http://www.haver.com/index.htm

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