Case-Shiller Index: Home prices up 0.8% In April

June 29, 2010 · Posted in Commentary · Comment 

Home prices in the Top 20 Metropolitan Areas rose 0.8% in April, according to the Standard & Poor’s Case-Shiller Index.  This was the first increase since September. The big winner was Washington, D.C. with a 2.4% increase over March.   Miami suffered a  drop of  0.8% over the previous month. The biggest loser in this current market downturn continues to be Las Vegas where prices are off 56.2% from their peak.  Las Vegas prices rose 0.2% over March. Overall, home prices in the Top 20 Metropolitan Areas are down 30% from their July, 2006 peak .

Here’s a look at how the individual Top 20 Metropolitan Areas are performing: Read more

Unemployment decreases to 9.7% for May, 431k jobs added

June 4, 2010 · Posted in Commentary · Comment 

The Bureau of Labor Statistics reported today that the unemployment rate edged down to 9.7% in May with 431,000 jobs being added.   Temporary Census workers accounted for 411,000 of the total jobs added.   Private sector employment increased by 41,000 jobs.

Let’s breakdown the numbers:

Read more



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