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Tuesday, January 27, 2009

S&P: Home values post 18.2 pct annual drop in November

S&P: Home values post 18.2 pct annual drop in November.
The Standard & Poor's/Case-Shiller 20-city housing index released Tuesday tumbled by a record 18.2 percent from November 2007, the largest decline since its inception in 2000. The 10-city index dropped 19.1 percent, tied with October for the biggest drop in its 21-year history.
The sharpest drop on record.

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http://www2.standardandpoors.com/spf/pdf/index/CSHomePrice_Release_012724.pdf

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