Atlanta Home Prices Rise 2%
Tony Potts
09-01-2010
According to a report by Standard & Poor`s Case/Shiller, Metro
Atlanta`s house prices showed improvement in June. Prices were
up 2 percent from June 2009 to June 2010. Prices in June also
were up 1.7 percent from May. The improvements are likely a
residual effect of the federal home buyer tax credits worth up
to $8,000 that expired April 30.
The U.S. National Home Price Index rose 4.4 percent in the
second quarter of 2010, after having fallen 2.8 percent in the
first quarter.
Nationally, home prices are 3.6 percent above their year-earlier
levels.
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