Home Prices Climb by Most in Six Years as U.S. Market Firms THANKS OBAMA!!
Home Prices Climb by Most in Six Years as U.S. Market Firms
By Shobhana Chandra - Jan 29, 2013 9:04 AM CT.
Home prices in 20 U.S. cities rose in November from a year earlier by the most in more than six years, indicating the U.S. housing rebound is gaining ground.
With inventory of both new and existing homes still very low, prices will likely continue to rise,” Ian Shepherdson, chief economist at Pantheon Macroeconomics Advisors Inc. in White Plains, New York, said in a note to clients. “Each successive price increase adds more weight to the idea that the housing market is recovering, and nothing pulls people into the market faster than the thought that prices will rise further.
OBAMA REPAIRS THE DAMAGE DONE TO THE HOUSING MARKET BY DUBYA BUSH AND THE REPUBLICAN CONGRESS!!