U.S. home prices in a 20-city index rose 0.3 percent in September, after an 0.8 percent rise in August, according to the S&P/Case-Shiller home price index.
It was the sixth straight monthly rise, something that indicates the housing market is "in the midst of a recovery," Case-Shiller said. Prices have increased 3 percent on a year-over-year basis.
Details to follow.
Joseph Lazzaro, U.S. Editor, served as Managing Editor of New York-based financial news web sites WallStreetEurope.com/WallStreetItalia.com, 1999-2004, and as Economics...