Industry News

Home-price growth continues dive in latest S&P indices

10-city index hits lowest level since 1996
Published on Feb 27, 2007

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by CareyBot

A national home-price index fell 0.7 percent in the fourth quarter and ended 2006 at 0.4 percent annual growth.   This Standard & Poor’s/Case-Shiller U.S. Home Price Index declined steeply throughout 2006, falling to near-zero growth after peaking at about ...