Home Prices in 20 U.S. Cities Rise for Third Month
Tuesday, October 27th, 2009Home prices in 20 U.S. cities rose in August for a third consecutive month, according to S&P/Case-Shiller home-price index, the index climbed 1 percent from the prior month, seasonally adjusted, after a 1.2 percent increase in July, the group said today in New York. Prices are at levels not seen since August 2003 and have fallen almost 30 percent from the peak in May 2006.