Home Prices Notch Best Gain in Two Years, Rising 4.3% in October on Improving Sentiment

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Go back to Home Prices Notch Best Gain in Two Years, Rising 4.3% in October on Improving Sentiment

Sustained Recovery in Home Prices According to the S&P/Case-Shiller Home Price Indices

New York, December 26, 2012 – Data through October 2012, released today by S&P Dow Jones Indices for its S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S. home prices, showed home prices rose 4.3% in the 12 months ending in October in the 20-City Composite, out-distancing analysts’ forecasts. Anticipated seasonal weakness appeared as twelve of the 20 cities and both Composites posted monthly declines in home prices in October.