Home » Business » Real Estate
Home prices fall
Source: Agencies |
January 26, 2011, Wednesday
|
Print Edition
Print Edition
HOME prices are falling across most of America's largest cities, and average prices in eight major markets have hit their lowest point since the housing bust.
The Standard & Poor's/Case-Shiller 20-city home price index released yesterday fell 1.6 percent in November from October.
All but one city, San Diego, saw monthly price declines.
Millions of foreclosures are forcing prices down, and many people are holding off buying because they fear the market hasn't hit bottom yet. Analysts see home prices to fall through the first six months of this year.
The Standard & Poor's/Case-Shiller 20-city home price index released yesterday fell 1.6 percent in November from October.
All but one city, San Diego, saw monthly price declines.
Millions of foreclosures are forcing prices down, and many people are holding off buying because they fear the market hasn't hit bottom yet. Analysts see home prices to fall through the first six months of this year.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
