Case-Shiller: Home Prices Remain Lower but Stable

Home prices have risen since 2009, but those gains petered out after the homebuyer tax credits expired this year, according to the latest Case-Shiller Composite 20 home price index. Standard & Poor's, which publishes the index, also reported that home prices nationally rose 3.2 percent in July 2010 over the same month in 2009; in June, the index climbed 4.2 percent when compared to the previous June. Case-Shiller's composite index of 20 metropolitan areas slipped 0.1 percent in July 2010, as compared to June, believed to be a result of the expiration of homebuyer tax credits. Ten of the cities in the index register gains, while only one, Las Vegas, chalked up a new low.
For more on home selling and buying, here are some
AOL Real Estateguides to help:

More on AOL Real Estate:
Find home values in your area.
Find out how to calculate mortgage payments.
Find homes for sale in your area.
Read Full Story

Can't get enough real estate news?

Sign up for Finance Report by AOL and get everything from celebrity homes to renovation tricks delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

Find a home

Buy
Rent
Value
Powered by Zillow