Article Image
News Link • Housing

Case-Shiller Index: Home Prices Falling Fastest In Big Cities

Home prices are dropping in the nation's largest cities and are expected to fall through next year, with the worst declines coming in areas with high numbers of foreclosures. The Standard & Poor's/Case-Shiller 20-city home price index fell 1.3 percent in October from September. All cities recorded monthly price declines. Atlanta recorded the largest decline. Prices there fell 2.9 percent from a month earlier. Washington, which had posted increases for six straight months, dropped 0.2 percent in October. The 20-city index has risen 4.4 percent from their April 2009 bottom. But it remains 29.6 percent below its July 2006 peak.

Join us on our Social Networks:


Share this page with your friends on your favorite social network:

Purse.IO Save on All Amazon Purchases