The S&P Case Shiller Index posted strong gains. Month over month, the Composite-10 index increased by 1.9%. The index is still down 15.13% year over year. 17 of the 20 markets in the Composite-20 index posted positive month over month gains. The data for the index is a compiled using a three month average. Since last month was positive and the trend is moving up strongly, next month should also come in with a strong gain. 
The month over month gains are the highest since the market peaked in 2005.
I have removed the CME Housing Futures data from the chart because they have become so thinly traded.
Tuesday, August 25, 2009
S&P Case Shiller Index posts strong gains
Subscribe to:
Post Comments (Atom)
3 comments:
Real estate is one of the best businesses now a day. Nice real estate blog. Thanks
Click Here For:- Homes for Sale Pembroke Pines
Your blog is very informative, I have learned so much from it. It is like daily newspaper :).
Deirdre G
Good thing you have done here, Thanks! This is a pretty up beat post about real estate that I am quoted in.
Click here for : West Palm Beach Homes
Post a Comment