S&P details:
Data through June 2010, released today by Standard & Poor’s for its S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S. home prices, show that the U.S. National Home Price Index rose 4.4% in the second quarter of 2010, after having fallen 2.8% in the first quarter. Nationally, home prices are 3.6% above their year-earlier levels.
In June, 17 of the 20 MSAs covered by S&P/Case-Shiller Home Price Indices and both monthly composites were up; and the two composites and 15 MSAs showed year-over-year gains. Housing prices have rebounded from crisis lows, but other recent housing indicators point to more ominous signals as tax incentives have ended and foreclosures continue.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhC6MV_0jVUGYrqncZ8v5vsD3lngjfhY705z4hnk3W8mEYx8xcLoSdXIuiwX8UgRxjZZBmmdjt-wtW0Dj_YF59J9muUdnAUD0gzi2zqBZ4G3RbXUEksn0pG6ZreE9QPbJDXWxyszSlmhw/s800/case.png)
Strength was widespread, but note this data is two months old and importantly, during a period before the tax incentive ended.
Update:
Calculated Risk with a beautiful chart showing the cumulative change by market here.
Source: S&P
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