Description: The much-anticipated bottom of the U.S. housing market may finally be upon us, as the closely watched S&P/Case Shiller index of home prices rose 0.5 percent from last year – marking the first time since 2010 that home prices increased year-over-year.

Source:  BNN.ca – video report

Date: Sep 07, 2012

Link:  http://www.bnn.ca/News/2012/9/7/Too-quick-to-a-call-bottom-for-US-home-prices-Shiller.aspx

Questions for discussion:

• Summarize the highlights of this report?
• Do you think housing is bottoming out in the US in select markets such as Florida?
• Is it a good time to buy if you are a speculative investor?