Home Prices in U.S. Case-Shiller Index May Pop: Chart of the Day
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The rebound in U.S. home prices may be about to accelerate, according to Jonathan Basile, an economist at Credit Suisse in New York.
The CHART OF THE DAY shows year-to-year changes in the S&P/Case-Shiller 20-city home-price index compared with the Labor Department’s measure tracking prices paid to real estate agents and brokers from today’s report on producer prices.