Industry NewsMarkets & Economy

Home prices hit new lows in 9 of 20 markets

Miami, Phoenix, San Diego post gains in S&P/Case-Shiller indices
Published on Apr 24, 2012

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by CareyBot

Home prices fell from January to February in 16 out of 20 markets tracked by the S&P/Case-Shiller Home Price Indices, with nine markets posting new lows for the downturn.

Miami (0.6 percent), Phoenix (1.2 percent) and San Diego (0.2 percent) were the only metros to record positive monthly returns, while Dallas was flat.