Tag Archives: S&P/Case-Shiller: Home prices in nine metros reach new lows

Home prices fell to post-recession lows in the latest Standard & Poor’s/Case-Shiller national indices.  Home values in nine metro areas also reached record lows, the report said. S&P said its 10-city composite index experienced an annual home price decline of 3.6% in February, while the 20-city composite index declined 3.5% from a year earlier. This is a slight improvement from January when the indices declined 4.1% and 3.9%, respectively, year-over-year. “While there might be pieces of good news in this report, such as some improvement in many annual rates of […]