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US house prices up three months in a row [ClearOnMoney]
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US house prices up three months in a row

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Commentary

US house prices up three months in a row

27 Jun 2012 by Jim Fickett.

The Case-Shiller 20-city index, seasonally adjusted, is up three months in a row. This is consistent with unsold inventory, which has been somewhat lower than average for several months. However inventory seems to be drifting up again, so it is too soon to call a positive price trend.

(See Inventory of existing US homes for background and sources.)