Home Price Index Climbs in April

An index of home values in the nation’s largest cities increased in April over March after seven months of consecutive declines.



The Standard & Poor's/Case-Shiller index, a measure closely followed by economists, increased 1.3% month-over-month but was down 1.9% compared with April 2011.

Almost every city managed to post a month-over-month gain. Detroit was the only city out of the 20 followed by the index that fell, down 3.6%.

View the full article here.

Posted in: