Currently viewing the tag: "Case-Shiller Index"

Overwhelmingly, home values fell in the 20 markets tracked by the Case-Shiller. Only San Diego showed a modest increase. The other 19 markets averaged a 1.23 percent decline between January and February. However, that’s not the story you read in the most papers.

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Mortgage rates rose last week. This week, economic data will be at the forefront, as will the Federal Reserve which meets for one of its 8 scheduled meetings of the year.

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The Case-Shiller Index was released on Tuesday. It revealed only a 2.5% drop in home values, significantly better than the 8.7% drop reported after 2009 Q3.

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