Case-Shiller Shows Home Prices Higher In May

Discussion in 'Buying & Selling Real Estate' started by Kate, Jul 29, 2014.

  1. Kate

    Kate Senior Investor

    Apr 2014
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    May's Case-Shiller report (they report on twenty cities in the U.S) is reporting a 1.1% price raise for single-family homes. Every one of the cities they follow showed a gain.

    When adjusted for seasonal analysis, though, the prices were 0.3 percent lower... this is the slowest market rate change in nearly a year and a half... so it's hard for me to figure out what it all means.

    Is this good for sellers and bad for buyers? Or good for everyone... or bad for everyone? There are too many variables in this data for me to draw a solid conclusion when it comes to knowing if it's a good time to buy or not. Anyone know?

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