Industry News

Home-price index falls to negative territory in January

Detroit, Boston show largest year-over-year price drops
Published on Mar 27, 2007

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by CareyBot

A monthly home-price index that tracks price shifts in 20 metro areas fell to a negative annual return in January, with 11 of 20 areas experiencing year-over-year declines. The Standard & Poor’s/Case-Shiller 20-City Composite index reached 202.03 in January, which ...