With the economy still suffering through a bit of a slump, it’s good to be able to celebrate any signs of improvement, including an increase in home prices, which is usually a sign of a healthier market. However, while we saw an increase in prices of 3.8 percent from March to April, experts say don’t pull out the balloons and confetti just yet.
The S&P/Case-Shiller Home Price Index percentage does represent a bit of growth, but it also represents improvement from heavily-subsidized home sales through the home buyer tax credit and could be short lived (CNN Money).
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