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U.S. home prices up 28 percent since the bottom of the market

Case-Shiller-US-150331

Case-Shiller released the monthly Home Price Indices for January (“January” is a 3 month average of November, December and January prices).

Both the 10- and 20-city composites reported virtually flat month-over-month changes. The 20-city composite is up 28 percent since the bottom of the market in early 2012, remains down 15 percent since 2007 (the last year prior to the recession).