The Standard & Poor's/Case-Shiller [residential real estate] index fell in December from November in all but one of the 20 cities it tracks. The 20-city index declined 1 percent.Read the complete article here.
The only market to see a gain was Washington.
Eleven of the markets hit their lowest point since the housing bust, in 2006 and 2007: Atlanta, Charlotte, N.C., Chicago, Detroit, Las Vegas, Miami, New York, Phoenix, Portland, Ore., Seattle and Tampa, Fla.
Tuesday, February 22, 2011
Home Prices At Lowest Level In 11 Major Cities
From Associated Press, "Home prices hit post-bust lows in most big cities: Home prices fall to lowest level since housing bust in most major US cities" by Derek Kravitz, AP Real Estate Writer:
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