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GlobeSt.com: Case-Shiller's Rise Signals Housing Rebound

By Paul Bubny. A rapidly accelerating recovery it ain't, yet analysts are taking courage from the latest S&P/Case-Shiller Home Price Indices released Tuesday.

November 27, 2012

At the USC Lusk Center for Real Estate in Los Angeles, director Richard Green observes that the single-family market "is gaining momentum and we will see the market continue to strengthen as inventory available for sale continues to decline."

In a statement, Green adds that Case-Shiller is a month behind, "so these results do not reflect the full strength of price movements that occurred in October and so far this month."

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Link: GlobeSt.com