Power Breakfast: Slight uptick in home prices, hotels, sales-tax holiday, transit

You have to take a little good news anywhere you can find it.

Metro Atlanta home prices continued a mild rebound in July, according to a widely watched national index. But they still remain well below year-ago levels, AJC reporter Michelle Shaw writes.

Prices in the region rose 2 percent from June to July, the second straight month of improvement in the S&P Case-Shiller Index.

Year-over-year average prices were still down 12 percent in July, Shaw reports.

Nationally the 20-city index was up 1 percent from June, with Atlanta and 17 other cities posting gains. Only Las Vegas and Seattle fell.

But the national index was still down 13.3 percent from July 2008.

Also in the AJC:

In other media:

One comment Add your comment

clyde

September 30th, 2009
7:51 am

If home prices were down 50% nationwide,that would be just about right.