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MGIC Investment Corp. Message Board

  • bernie02 bernie02 Mar 26, 2013 10:24 AM Flag

    Does any one see's this???

    Home Prices Suggest Broad Housing Market Recovery By Dan Ritter | More Articles March 26, 2013 “The two headline composites posted their highest year-over-year increases since summer 2006,” said David Blitzer, Chairman of the Index Committee at S&P Dow Jones Indices, in a statement on Tuesday. “This marks the highest increase since the housing bubble burst.”The S&P/Case-Shiller Home Price Indices showed that for the twelve months ended January 2013, home prices increased 7.3 percent in the 10-City Composite and 8.1 percent in the 20-City Composite. What’s more, 19 out of 20 cities showed acceleration in year-over-year returns, Detroit being the only city to grow at a slower rate than before.
    In my opinion this is a good indicator for PMI.

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8.04+0.06(+0.75%)Aug 26 4:02 PMEDT