Home Price Gains Continue To Moderate According To The S&p/case-shiller Home Price Indices – Yahoo Finance

Case-Shiller Reports Slowing House Price Growth – Yahoo Finance

The S&P/Case-Shiller Composite of 20 Home Price Index is a value-weighted average of the 20 metro area indices. The indices have a base value of 100 in January 2000; thus, for example, a current index value of 150 translates to a 50% appreciation rate since January 2000 for a typical home located within the subject market. These indices are generated and published under agreements between S&P Dow Jones Indices and CoreLogic. http://finance.yahoo.com/news/home-price-gains-continue-moderate-134700751.html

InPlay from Briefing.com – Yahoo Finance

Li & Fung weighed, falling 10.5% as the stock traded without rights to the company’s spinoff for the first day. Property names outperformed with China Resources Land and China Overseas Land up 2.2% and 1.7%, respectively. China’s Shanghai Composite posted a slim gain of 0.2% with shipping-related names showing continued strength. China Shipping Container Lines and Dalian Port both surged 10.0%. Major European indices trade higher across the board with Germany’s DAX (+0.6%) in the lead. Sweden’s Riksbank surprised the market by cutting its main repurchase rate to 0.25% from 0.75%, while the general consensus called for a cut to 0.50%. http://finance.yahoo.com/news/inplay-briefing-com-195206742.html

Average home prices for May are back at their levels in the summer of 2004. Compared with their peak in the summer of 2006, home prices on both indexes remain down about 17% to 18%. Since the low of March 2012, home prices are up 26.5% to 27.3% on both the 10-city and 20-city indexes, respectively. http://finance.yahoo.com/news/case-shiller-reports-slowing-house-135525568.html


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