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Strategies & Market Trends : Currents of Currency -- Ignore unavailable to you. Want to Upgrade?

To: Ahda who wrote (243)	5/27/2014 9:28:55 PM
From: Ahda	Read Replies (1) \| Respond to of 594

A steep gain in home prices in many markets that helped lift millions of Americans out of the red on their mortgages is now markedly slowing, with new data from the Standard & Poor’s/Case-Shiller national home price index on Tuesday showing that the annual growth in prices had eased in March to 10.3 percent, from the previous year’s increase of 11.4 percent. But analysts said that the softening of price gains, rather than a worrisome trend, may actually be welcome news. Double-digit increases cannot go on forever, and many economists are using words like “sustainable” and “stable” to describe the slowdown, saying the market is becoming healthier. http://www.nytimes.com/2014/05/28/business/economy/home-prices-start-easing-to-the-relief-of-experts.html?_r=0 I am ever so glad someone else sees this as I do CA and NY same problem the words are within reason.