Index Finds Home Prices Inched Up

NEW YORK - Single-family home prices rose 0.1% on a seasonally adjusted basis in March, according to the S&P/Case Shiller composite index of 20 metropolitan areas.

On an unadjusted basis, the index was flat.

Prices fell 2.6% year over year, better than the 3.5% annual decline reported last month.

Still, the indexes ended the first quarter at post-crisis lows, the report noted.

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