Arab Today, arab today us home prices pick up gains in march
Last Updated : GMT 21:11:51
Arab Today, arab today
Arab Today, arab today

US home prices pick up gains in March

Arab Today, arab today

Arab Today, arab today US home prices pick up gains in March

US home prices
Washington - AFP

US home prices surged 1.0 percent in March over February as the economy exited a winter chill, according to the S&P/Case-Shiller index Tuesday.

While the 20-city price index was stronger in the month, the year-on-year price gains held steady at a five percent annual pace.

It was the 35th straight month of gains, with boom cities San Francisco (+ 10.3 percent year on year) and Denver (+10.0 percent) showing the best improvement.

Meanwhile prices slipped slightly in New York.

David M. Blitzer, managing director of the Index Committee for S&P Dow Jones Indices, downplayed worries of a bubble after such a long climb upward.

"I would describe this as a rebound in home prices, not bubble and not a reason to be fearful," he said in a statement.

"The annual rate of increase halved in the last year... Home prices are currently rising more quickly than either per capita personal income (3.1%) or wages (2.2%), narrowing the pool of future home-buyers."

"All of this suggests that some future moderation in home prices gains is likely."

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us home prices pick up gains in march Arab Today, arab today us home prices pick up gains in march

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us home prices pick up gains in march Arab Today, arab today us home prices pick up gains in march

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: عقارات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday