Monday, May 14, 2012

LPS: Home Prices Increased, but We've Been Down This Road Before

For the first time since March 2010, data from Lender Processing Services (LPS) showed an increase in home prices. 

“Reasons for caution are clear, as we’ve been here before. Non-seasonally adjusted prices increased for a few months in early 2009, 2010 and 2011 – trends that all ended by summer, after which all the gains – and then some – were lost,” said Raj Dosaj, VP of LPS Applied Analytics.


Read the whole article here

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