"Home prices posted another record decline in October, falling 18% compared with a year earlier, according to a closely watched report released Tuesday.
The 20-city S&P Case-Shiller index has posted losses for a staggering 27 months in a row. In October, 14 of the 20 cities set fresh price decline records.
'The bear market continues; home prices are back to their March 2004 levels,' says David Blitzer, Chairman of the Index Committee at Standard & Poor's."
Click below to read more...
Home prices post record 18% drop
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment