Housing: Case-Shiller Index To Show A 12 Percent YoY Increase In April

Call the index inflated - it doesn't matter. Housing is back, and how. The Case-Shiller index for April is expected to show more than a 12 percent Year-on-Year increase - an eye-popping number by all measures (Source)

There are many who make the case that the index is currently overstating the house appreciation - but even if you take away the inflated part, the fact is that housing is back in a very strong way.