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发帖数: 6339 | 1 •JUNE 29, 2011
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•Declines in Home Prices Ease
By NICK TIMIRAOS And S. MITRA KALITA
Home prices slowed their pace of decline in April, feeding hope that housing
is near a bottom. But tens of thousands of foreclosures and faltering
consumer confidence are expected to leave markets bumping near their current
level for the rest of the year.
Prices were up 0.7% in April when compared with March, according to the
Standard & Poor's Case-Shiller 20-City index, a measure of home prices. But
after accounting for seasonal factors—prices usually pick up at the start
of the spring buying season—home prices were almost unchanged from March.
While the report doesn't mean that housing is on the mend, it does indicate
that the past year's slide in housing prices could be easing. "It is much
too early to tell if this is a turning point or simply due to some warmer
weather," said David Blitzer, chairman of Standard & Poor's Index Committee. | g******4
发帖数: 6339 | 2 Below, see data from the 20 metro areas Case-Shiller tracks,
The Case Shiller indices have a base value of 100 in January 2000. So a
current index value of 150 translates to a 50% appreciation rate since
January 2000 for a typical home located within the metro market. |
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