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Home Prices Up 1.2% 4th Straight Month Of Gains According To Standard & Poor’s/Case-Shiller

October 28th, 2009 by Michael Oliver

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Tangerine Terrace Richmond American 028

Share on Facebook Standard and Poor’s Case-Shiller report came out today and showed home prices are on the raise again as prices were up 1.2% from July ’09 to August ’09 showing strength in the real estate markets across the nation. This marks the 4th straight month of gains. Many experts believe a lot of the gain is derived from the first time buyer tax credit as it is pushing extra demand into most of the nations markets. Experts anticipated a price increase of 0.7% since Augusts’ numbers came in quite a bit higher than that  it makes the case that real estate markets across the USA are even stronger than most experts realize.

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