Home Price Improvements Moderate, but Another Plunge not Likely: S&P
DSNews | January 4, 2010
Residential property values continued to show further stabilization with prices rising for the fifth consecutive month in October, Standard & Poor's (S&P) reported last week. Despite the seemingly positive uptrend, the latest S&P/Case-Shiller home price indices reveal that the pace of improvement slowed heading into the fourth quarter of last year, but S&P analysts say this doesn't mean prices are moving toward a double dip.
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