CONNECT
Connect
With Us
Our Offices
Bridgehampton Office 631.537.3200
East Hampton Office 631.324.8080
East Hampton Annex 631.324.8080
Greenport Office 631.477.5990
Mattituck Office 631.298.0600
Montauk Office 631.668.0500
Southampton Office 631.283.5800
Westhampton Office 631.288.3030
Get In Touch

Main Content

Home Prices Continue to Recover!

By AgentImage, Wednesday, September 29, 2010
Share This:

July 2010 was the fourth straight month of home sale price increases according to Standard & Poor’s / Case – Shiller 20 City Home Price Index.

The June to July increase was 0.6%

In all, 12 of the 20 cities showed monthly price gains.

The greatest monthly price increases were in New York, Detroit and Washington where all three cities increased approximately 1%!

Nationally, home sale prices rose about 7% from the recorded bottom in April 2009.

More statistical evidence of a recovery with solid traction.