S&P Case Shiller Index posts strong gains

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.

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