Industry NewsMarkets & Economy

Home prices ‘double dip’ in January

S&P/Case-Shiller 20-city index slides to 2003 levels in January
Published on Mar 27, 2012

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by CareyBot

A home-price index that tracks prices in 20 markets showed prices continuing to "double dip" in January, hitting a new low for the downturn. With price declines slowing, some analysts are still predicting home prices will bottom this year.

Home prices in 20 markets tracked by the S&P/Case-Shiller Home Price Indices were down 0.8 percent from December to January and fell 3.8 percent compared to January 2011.

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