Items Tagged with 'David M. Blitzer'


  • Home Prices Fall, but is Stabilization Near?

    Home prices in major metropolitan areas continued to fall in February; however, for the first time in 16 months, the annual decline did not set a new record, possibly suggesting early signs of market stabilization. The S&P/Case-Shiller 10-City and 20-City Home Price Indices released Tuesday recorded nationwide, annual declines of 18.8% and 18.6%, respectively. This is a slight improvement from the returns reported for January, which fell by 19.4% and 19.0%.
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  • Home Prices Fall Record 19.4 Percent in January: Report

    Home prices in major metropolitan areas fell at a record pace during January, underscoring a housing market in many key areas of the U.S. that is still stuck in 'price correction' mode. According to the widely-watched Standard & Poor's/Case-Shiller home price indices, prices fell 19.4 percent in 10 key cities during Janaury versus one year earlier, while a 20-city index fell 19.0 percent. Both represent record annual price declines, S&P said in a press statement.
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  • Home Prices Accelerate Downward Slide in March

    The pace of dropping U.S. property values quickened during March, reaching a record 14.1 percent decline during the first quarter of 2008, according to data released by Standard & Poor's on Tuesday morning. The record drop was recorded by the S&P/Case-Shiller U.S. National Home Price Index, which covers sales spanning all nine census divisions for the past 20 years.
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  • Report: Home Prices Posted Record Lows in February

    The doldrums in the U.S. housing market continued during February, according to the Case-Shiller home price indices released Tuesday morning by Standard & Poor's. The widely-watched housing price data series found that the decline in prices of existing single-family homes across the U.S. worsened during the second month of the year, with 17 or 20 metropolitan statistical areas tracked by the series posting record low annual declines.
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  • Home Prices Fell at Record Pace in January: Report

    The record descent of U.S. housing prices managed to pick up steam in January, according to a widely-watched housing price index released Tuesday morning. The Standard & Poor's/Case-Shiller housing price indices show that a 10-city composite of the nation's ten largest metropolitan areas fell a record 11.4 percent on an annual basis during January. A composite of 20 cities posted a similar 10.7 percent decline, S&P said in a press statement.
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