Home Prices Up For First Time In 8 Months : NPR
It’s a buyer’s market, but that’s changing fast. The US is still one of the better places in the world to live, even if you are in a Red state, and in 39 short years we will be a planet of 9 Billion. Real estate might have speculative bubbles and collapses but the true long term trend will remain UP until population trends ramp down.
Home prices in major U.S. cities have risen for the first time in eight months, boosted by an annual flurry of spring buyers.
The Standard & Poor’s/Case-Shiller home-price index released Tuesday showed that prices rose in April in 13 of the 20 cities tracked. Washington, D.C., saw the biggest price increases, followed by San Francisco, Atlanta and Seattle.
Still, six metro areas are at their lowest levels in the nearly four years. Those markets are: Charlotte, Chicago, Detroit, Las Vegas, Miami and Tampa.