Morning Minute: Reports show an improving housing market

The Wall Street Journal covers two new reports, the S&P/Case-Shiller home price index and another from the Federal Housing Finance Agency, that point to an uptrend in U. S. home prices.

“The S&P/Case-Shiller home price index of 20 major cities increased 1.2% in the 12 months ended in July, beating expectations. Later in the day, the Federal Housing Finance Agency reported its measure of U.S. home prices increased 0.2% in July over June. That rise capped off seventh consecutive monthly gains,” the newspaper reports. Read the full article.

In other news:

U.S. Housing Market Starts To Show Hints Of GrowthNPR

Housing comes backChicago Tribune

Sales of New U.S. Homes Hover Near a Two-Year HighBloomberg

This entry was posted in Housing Market, Uncategorized by Stephanie Sievers. Bookmark the permalink.

About Stephanie Sievers

Stephanie Sievers is Senior Editor for the Illinois Association of REALTORS®. She serves as Senior Editor for IAR publications including the Illinois REALTOR® magazine and all other IAR publications. She is responsible for developing content for the Illinois REALTOR® Weekly Connection e-newsletter, coordinates the IAR Twitter account content at ILREALTOR and plans and develops content for videos. She assists in developing and writing content for the IAR blog. She also is involved in researching and drafting news releases and coordinates the news media distribution database and newsclips reports for the Association. She also assists in IAR spokesperson training seminars and is involved in development of association briefing materials on issues. She assists with the housing statistics program and reports.

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