Tuesday, Jan 27, 2009

US House Prices Still In A Nosedive

S&P: Home Price Declines Continue as the S&P/Case-Shiller Home Prices Indices Set New Record Annual Declines

Data through November 2008, released today by Standard & Poor’s for its S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S. home prices, shows continued broad based declines in the prices of existing single family homes across the United States, with 11 of the 20 metro areas showing record rates of annual decline, and 14 reporting declines in excess of 10% versus November 2007.

Posted by 51ck-6-51x @ 02:23 PM (291 views) Add Comment

2 Comments

1. Crunchy said...

As already stated- No spring, no bounce.

Tuesday, January 27, 2009 03:19PM Report Comment
 

2. quiet guy said...

So is America is still crashing, how far we will go?

Tuesday, January 27, 2009 10:35PM Report Comment
 

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