Thursday, May 28, 2015

Median home prices rose through August: data

Median home prices rose again last month. Is the 3.5-year plunge over?

Median home prices rose through August: data

Median U.S. home prices in 20 big metro areas rose again in August (corrected) for the third straight month, to 144,500 from $143,100, according to the Standard & Poor's/Case Shiller home index. Still way below the $206,100 peak from the spring of 2006. The new monthly data shows (seasonally-adjusted) prices rose in 16 metro areas, and declines only around Las Vegas, Charlotte, Cleveland and Seattle. (They don't do Philadelphia.) Raw data here

About this blog

PhillyDeals posts drafts, transcripts and updates of Joseph N. DiStefano's columns and stories about Philly-area business, which he's been writing since 1989.

DiStefano studied economics, history and a little engineering at Penn and taught writing at St. Joseph's. He has written thousands of columns and articles for the Inquirer, Bloomberg and other media, wrote the book Comcasted, and raised six children with his wife, who is a saint.

Reach Joseph N. at JoeD@phillynews.com, distefano251@gmail.com, 215.854.5194 or 302.652.2004.

Reach Joseph N. at JoeD@phillynews.com or 215 854 5194.

Joseph N. DiStefano