BREAKING NEWS! – – – Case-Shiller Home Price index Jumps a Record 2.2% in May

Home prices rose sharply in May cutting the year-year drop in prices to 0.7 percent from 1.4 percent in April, Stand & Poor’s reported Tuesday in its Case-Shiller Home Price Index. Prices in the 20 cities surveyed rose 2.2 percent month-month, the strongest month-month gain since the 20-city index began in January 2000.
Mark Lieberman, Five Star Institute Economist – 7/31/12

Another good sign supported by solid data. More details to follow as we continue researching this hot-off-the-wire news.
Paul and Debbie