Home Prices Show Dramatic Rise, But Is It Broad-based?Mark Melin
Home prices, a primary asset of many middle-class families, continues to burst into new highs in certain regions. The S&P CoreLogic Case-Shiller home price index rose to 6.1% annual gain in August, significantly higher than the 5.8% anticipated by economists polled in a Reuters survey. But is that gain broad-based or do the post-peak gains have fat regional tails?
Analyst calls home price increases "unstoppable" amid record-high valuations in houses and stocks
The trend in new home . . .
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