Data through October 2008, released today by Standard & Poor’s for its S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S. home prices, shows continued broad based declines in the prices of existing single family homes across the United States, with 14 of the 20 metro areas showing record rates of annual decline and 14 now reporting declines in excess of 10% versus October 2007.
Source: S&P/Case-Shiller
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on Tuesday, December 30th, 2008 at 6:37 pm and is filed under Business and economics, Housing and real estate.
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