The S&P/Case-Shiller composite index of 20 metropolitan areas shows home prices rose 0.9% in July from June, topping estimates of 0.7%. Prices are down 4.1% from last year, slightly less than the 4.4% decline economists had expected.
From Fox News
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The market is getting ready to be flooded with foreclosures why would prices rise and why would anyone buy now?
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