Tuesday, February 1, 2011

Real Estate Outlook: Home Prices Decline

Real Estate Outlook: Home Prices Decline

The latest S&P/Case-Shiller Home Price index reveals that home prices, unfortunately, are still down and weakening.

According to Standard & Poor's, "The 10-City Composite was down 0.4% and the 20-City Composite fell 1.6% from their November 2009 levels. Home prices fell in 19 of 20 MSAs and both Composites in November from their October levels."


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