Today it was reported that house prices in 20 major markets dropped less than a year ago signalling more stabilization in the housing market. This report signals good news as improvement in employment is thought to be the primary effecting factor.
"S&P/Case-Shiller index (SPX) of property values in 20 cities fell 3.8 percent from a year earlier, matching the median forecast of 32 economists surveyed by Bloomberg." as reported by Bloomberg news earlier today.
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