Home prices in 20 major US cities fell in 2010
Feb 22nd, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Home prices in 20 major US cities fell in 2010: Data through December 2010, released today by Standard & Poor’s for its S&P/Case-Shiller Home Price Indices, the leading measure of US home prices, show that the US National Home Price Index declined by 3.9% during the fourth quarter of 2010. The National Index is down 4.1% versus the fourth quarter of 2009, which is the lowest annual growth rate since the third quarter of 2009, when prices were falling at an 8.6% annual rate.