Here's What The .7% Rise In Home Prices Rise Actually Looks Like

Here's What The .7% Rise In Home Prices Rise Actually Looks Like

As we noted this morning, there is a small respite from the recent glut of melancholic economic news: home prices inched upwards. Yep, on Tuesday, the widely-watched Standard & Poor’s/Case-Shiller index posted a rise of .7% for April. Let’s put that in context with this chart. No, that’s not just an ink smudge. [More]