March 2014 Case-Shiller Home Price Index

The March 2014 March 2014 Case-Shiller Home Price Index

 

 March 2014 Case-Shiller Home Price Index

Unexpectedly the national home price index Increased year over year from March 2013 (March is a 3 Month Average of January, February, and March)  for the 10 City and 20 City Composite of 12.6% & 12.4% respectively. The Chairman of the Index Committee at S&P Dow Jones Indices, David M. Blitzer, said that this trend suggests that the prices are rising more slowly. For more information and some excellent charts on this trend go to this link. Those of you waiting to buy or sell may have a long wait if you are expecting prices to move dramatically. The time for your home purchase or sale is now!

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