| 01.12.2010 - S&P says home prices dropped 2pct in third quarter, calls market "weak" |
| From AXcess News: Standard & Poor's called the U.S. housing market "weak" this morning after the Rating Agency released its latest S&P/Case-Shiller Home Price Index. Home prices in the third quarter fell 2% nationwide, the rating agency noted. The drop in home prices nationwide came on top of a 4.7% increase in prices in the second quarter. But compared to year-ago levels, home prices in the U.S. are only down 1.5%..............................................Full Article: Source |