The S&P CoreLogic Case-Shiller National Composite index for home prices rose 0.2% in February following seven consecutive months of decline.
The Index for February is a three-month average of December, January, and February closing prices. December closing prices include contracts signed in October, so there is a significant lag to this data.
On a seasonally adjusted basis, prices declined in 11 of 20 Case-Shiller cities on a month-to-month basis.
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