Housing Prices Going Up

July 28, 2009

We received another bit of good news for the housing market.  For the first time in 3 years, the housing prices based on 20-city index actually increased, compared to the previous month.  While they are still down compared to one year ago, this is certainly a most welcome development as far as the overall economy is concerned.


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Leon Shirman is the Managing Partner of Etalon Investments, a fund he founded in 2002. Leon's long-term investment philosophy is summarized in his book, “42 Rules for Sensible Investing”, also available from Amazon.

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