Forex | Forex | Case-Shiller Home Price Index and FHFA House Price Index – Noteworthy Recovery (25/08/2009 22:26:15)

Case-Shiller Home Price Index and FHFA House Price Index – Noteworthy Recovery

Case-Shiller Home Price Index and FHFA House Price Index – Noteworthy Recovery The Case-Shiller Home Price Index increased 0.8% in June, the first gain seen since May 2006 (see chart 1). The increase in the June Case-Shiller Price Index translates into a smaller year-to-year decline (-15.4%) compared with the drop in May (-17.02%). The bottom for the Case-Shiller Price Index occurred in January 2009 (-19.0%). Charts 1, 2, and 3 present strong evidence of improving conditions in the housing


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