Summary box: The Case-Shiller home price index (AP)


AP - WHAT’S THE NEWS?: Home prices edged up in December, according to the Standard & Poor’s/Case-Shiller 20-city home price index released Tuesday. It’s the seventh straight monthly gain for the closely-watched index. Analysts believe the trend is proof that the housing market is becoming more stable, though another small dip in prices could take place later this year.

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