Last week’s dismal job figures understandably overshadowed the relatively bright news from the housing markets.
From March to April, the seasonally adjusted Case-Shiller housing index for 20 major markets had its best performance since August 2007, reporting a decline of only 0.89 percent. Four metropolitan areas — Cleveland, Dallas, Denver and Washington — actually experienced price increases. Four other markets — Atlanta, Boston, Chicago and San Francisco — had price declines of less than one half of a percentage point.
Read More: New York Times