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Press RoomIn the NewsBuilder: Prices Up in Nearly All Major Metros in AprilBy Claire Easley. After months of dreary reports, the S&P/Case-Shiller indices joined the growing chorus of metrics boasting good news for the industry. June 26, 2012 And while a single month of improvement does not a trend make, "going forward, I'm feeling pretty good about having hit a bottom," said Gary Painter, an economist at the USC Lusk Center for Real Estate, on a call with Builder. "It doesn't mean house prices are going to recover quickly. The job market is weak. But people are moving out of parents' homes." Link: Builder |