Housing Market Prospects Soften

The Federal Housing Finance Agency released its S&P Case-Shiller 20 City index on Tuesday—the prominent indicator for home prices— for the month of March. The 2.6% decrease, up from a 3.5% decrease in February, is lower than expected, which indicates that the value of residential real estate taken from 20 major cities is increasing, slowly but surely.

Previous numbers have indicated that the majority of cities taken in this survey have been rebounding . . .


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