House Prices May Be Stabalizing

MLS Market Snapshot

U.S. single-family home that stability  is emerging in some regions, or at lest inventories may be reducing.
The index of 20 metropolitan areas fell a modest  0.6 percent in April from March, after a 2.2 percent decline the month before, for an 18.1 percent downturn from a year earlier
The S&P index of 10 metropolitan areas declined 0.6 percent in April for an 18 percent year-to-year drop. In March the index fell 2.1 percent month on month basis.

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