Filed under: Economic Data, Housing, Recession
According to Standard & Poor’s (S&P) Case-Shiller home price index, home prices are falling faster in the nation’s largest cities.
The index dropped 0.6% in September compared to August (some are reporting 0.7%), with 18 of the cities recording monthly price declines. The largest drop was reported in Cleveland, Ohio, which saw prices drop 3% compared to a month earlier. The only two cities where prices increased were Washington DC (thanks mainly to government spending) and Las Vegas (which has been battered in recent reports).
Continue reading Case-Shiller Index Data Shows Home Prices Are Falling
Case-Shiller Index Data Shows Home Prices Are Falling originally appeared on BloggingStocks on Tue, 30 Nov 2010 11:30:00 EST. Please see our terms for use of feeds.
Wednesday morning, Standard & Poor’s announced 
