Home Prices – June 2009

posted by Nima

August 29, 2009 · Posted in General Economics 

home-price-index-june-2009

Home prices have risen for the second month in a row. The composite home price index rose by 1.46% from May to June. Home prices are still down 15.13% from a year ago.

Top 3 monthly price increases:

1. Cleveland, OH: 4.18%
2. San Francisco, CA: 3.78%
3. Minneapolis, MN: 3.38%

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One Response to “Home Prices – June 2009”

  1. [...] by 1.5% from 1 year ago. And as always, we need to replace OER (Owners Equivalent Rent) with the latest home price declines as per the Case-Shiller index of 15.13%. When we do that, we get a real price decline of 5.61% from one year ago. [...]

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