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Economic Report: Led by Seattle and Las Vegas, home prices accelerate in November, Case-Shiller shows [MarketWatch]

BLACK IRON INC (BKI)  More Company Research Source: MarketWatch
Last black iron inc earnings: 5/7 04:05 pm Check Earnings Report
US:NYSE Investor Relations: blackiron.com
PDF Led by Seattle and Las Vegas, home prices accelerate in November, Case-Shiller shows The numbers: The S&P/Case-Shiller 20-city index rose a seasonally adjusted 0.7% in the three-month period ending in November compared to the same period ending in October, and was up 6.4% compared to a year before. The national index rose a seasonally adjusted 0.7% for the month, and 6.2% for the year. What happened: Both annual increases were higher than in the prior month’s release. The 20-city index rose 6.3% in the three-month period ending in October, for example. Surging prices are all about limited supply of homes to buy. But there’s another interesting development. The cities “that enjoyed the fastest price increases before the 2007-2009 financial crisis are again among those cities experiencing the largest gains,” said David Blitzer, chair of the index committee at S&P Dow Jones Indices. Blitzer named San Diego, Los Angeles, Miami and Las Vegas. Read: Why it’s so hard to forecast home price [Read more]

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