S&P/Case-Shiller shows home prices down again in October
Buying a HomeHome prices in October declined in 19 American cities, as the Standard & Poor’s/Case Shiller home price index showed drops in both the 10-city and 20-city composites. According to the latest S&P report, home prices declined 1.1% and 1.2% for the 10- and 20-city composite indexes. “There was weakness in the monthly statistics, as 19 of the cities posted price declines in October over September,” said David Blitzer, chairman of the Index Committee at S&P Indices. “Eleven of the cities and both composites fell by 1.0% or more during […]