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Housing

The value of U.S. homes grew on a monthly basis in May for the first time in nearly three years, according to 20-city index released Tuesday.
The month-over-month increase was 0.5%, according to the report from financial data company Standard & Poors and economists Case-Shiller. It was the first increase in the monthly index since July 2006. On an annual basis, home prices in the 20 cities fell 17.1%, but it was the fourth straight month that the year-over-year decline lessened.

Jul 28 · 6:44:00 AM · Source: CNN Money
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by Rich Pike

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