Economy/Business News Alert: Home prices declined in 19 of 20 cities in November

Tuesday, January 31, 2012

   
The Washington PostTuesday, January 31, 2012 9:09:32 AM
ECONOMY/BUSINESS NEWS ALERT

Home prices declined in 19 of 20 cities in November


U.S. home prices fell for a third straight month in nearly all cities tracked by a major index. The declines show that most homeowners are not reaping the benefits from some signs of an improving housing market.

The Standard & Poor's/Case-Shiller home-price index shows prices dropped in November from October in 19 of the 20 cities tracked. The biggest declines were in Atlanta, Chicago and Detroit. Phoenix was the only city to show an increase.


Read more at:
http://www.washingtonpost.com/business/economy/survey-home-prices-declined-in-19-of-20-cities-in-november-prices-back-to-2003-levels/2012/01/31/gIQAaKwoeQ_story.html



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