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Tag Archives: standard & poor’s/case-shiller index

U.S. foreclosure sales fall as banks temper their approach

LOS ANGELES — Sales of bank-owned homes and those already on the foreclosure path fell sharply in the second quarter, reflecting a thinner slate of properties for sale in many cities as banks take a measured approach to placing homes ...

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Contracts to buy homes hits 2-year high in July

WASHINGTON — Americans signed the most contracts to buy homes in July than at any other point in the last two years, further evidence of a housing recovery. The National Association of Realtors said Wednesday that its index of sales ...

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Construction spending rose 0.4 percent in June

WASHINGTON  — Another strong gain in homebuilding pushed U.S. construction spending up for a third straight month in June, a further indication that the battered housing industry is showing signs of life. Construction spending rose 0.4 percent in June following ...

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U.S. home values have hit bottom, Zillow says

SEATTLE — U.S. home values have risen four consecutive months, Zillow.com said on Tuesday, a trend that led the housing website to declare that the market has turned the corner from its five-year slump. “After four months with rising home ...

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Pending home sales at highest level in 2 years

WASHINGTON — Americans signed more contracts to buy previously occupied homes in May, matching the fastest pace in two years. The increase suggests consumers are gaining confidence in the housing market and a modest recovery will continue. The National Association ...

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Survey: Home prices down in most major U.S. cities

WASHINGTON — U.S. home prices fell in most major cities for the second straight month, further evidence that the housing recovery will be bumpy and weigh on the broader economy in 2012. The Standard & Poor’s/Case-Shiller index released Tuesday showed ...

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Survey: Home prices down in most major U.S. cities

WASHINGTON — U.S. home prices are falling again in most major cities after posting small gains over the summer and spring. The report suggests the troubled housing market remains weak and won’t recover any time soon. The Standard & Poor’s/Case-Shiller ...

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Home-price index at lowest point since 2006 bust

WASHINGTON — Home prices in major areas have reached their lowest level since the U.S. housing bubble burst in 2006, driven down by foreclosures, a glut of unsold homes and the reluctance or inability of many to buy. Prices fell ...

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Home prices hit post-bust lows in most big cities

WASHINGTON — Home prices in a majority of major U.S. cities tracked by a private trade group have fallen to their lowest levels since the housing bubble burst. The Standard & Poor’s/Case-Shiller index fell in December from November in all ...

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