case-shiller

Here is news from the business world and other money matters to watch out for Tuesday: BP Posts $17B Loss: Petroleum-giant BP (BP) reported earlier today that it lost $17 billion in the second quarter after accounting for more than $32 billion in charges related to the Gulf oil spill. The...

The U.S. housing sector improved a bit more than expected in April, as home prices in 20 major cities rose 3.8% on a year-over-year basis, according to the S&P/Case-Shiller survey. But is rising housing demand real, or was it a temporary surge from the now-expired home buyer tax credit?

The S&P/Case-Shiller index -- a measure for house prices in 20 metropolitan cities in the U.S. -- shows that prices rose in April for the first time in seven months due to the federal first-time homebuyer tax credit program. The 10-city composite is up 4.6% from April 2009, and the 20-city...

U.S. home prices dipped again in March, Case-Shiller said, providing further evidence that although conditions have improved from a year ago, the housing sector is still a long way from being healthy.

That drop in February reflects prices on a seasonally adjusted basis, according to the S&P/Case-Shiller Home Price survey. Year-over-year prices rose 0.6%. Says S&P's David Blitzer: "It is too early to say that the housing market is recovering."

The U.S. housing sector's long and winding road back to health continues. Home prices in 20 cities declined at a 13.3 percent annual pace in July -- a substantially smaller decline than June's annual pace -- according to the S&P/Case-Shiller U.S. National Home Price survey, released...

Yale University Economist Robert Shiller, co-founder of the Case-Shiller Home Price Index (pdf), has some sobering analysis for home owners and potential home buyers. Home prices, which have fallen for about three years, are likely to continue to decline for some time, Shiller wrote in an op-ed...

The U.S. housing sector's long, painful journey hit another bump in March. Home prices in 20 cities declined at an 18.7 percent annual pace in March -- a larger decline than February's annual pace, according to the S&P/Case-Shiller U.S. National Home Price Index (pdf). What's more, home prices...

Yet another devastating data point for the U.S. housing sector. Home prices in 20 U.S. cities declined at the fastest annual pace ever in January -- plunging 18.9 percent. Prices were weighed down by foreclosures and bank efforts to unload houses, according to the S&P/Case-Shiller U.S. National...