Note: I’m having difficulties with the S&P website. I’ll some graphs soon …
From Reuters: US home prices notch big annual gain: S&P/Case-Shiller
The S&P/Case Shiller composite index of 20 metropolitan areas gained 0.2 percent in October on a non-seasonally adjusted basis … On a seasonally-adjusted basis, prices were up 1 percent.
Compared to a year earlier, prices were up 13.6 percent …
the more subdued monthly gains “show we are living on borrowed time and the boom is fading,” David Blitzer, chairman of the index committee at S&P Dow Jones Indices, said in a statement.
This was close to the consensus forecast of a 13.7% year-over-year increase.