Case-Shiller shows signs of weakness 
10 of 20 metro areas tracked saw year-over-year price declines
By Inman News, Tuesday, May 25, 2010.
Home prices fell in the first quarter compared to the fourth quarter, but were up 2 percent from the market's trough in the first quarter of 2009, according to the latest Standard & Poor's/Case-Shiller National Home Price Indices report released today.
The indices are based on repeat sales of single-family homes over time in all nine U.S. census divisions.
Prices fell a non-seasonally adjusted 3.2 percent in the first quarter from the fourth quarter to a U.S. National Index of 131.81.
more...
Premium Member account.
Premium Members have full access to all news archives & premium content.
Purchase Professional Membership for $199/year OR
Premium+ Membership for $149/year OR
News Membership for $69/year
All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.
