| After rebounding in 2009 and 2010, national home prices have sagged to another low in what housing experts are calling a "double dip."
Falling for the eight consecutive month, the S&P/Case-Shiller Home Price Index reveals that home prices in major metro areas are back to mid-2002 levels, with no end to the declines in sight. The 20-city National Index dropped 4.2 percent in the first quarter after having fallen 3.6 percent in the final quarter of 2010. In Atlanta, Cleveland, Detroit and Las Vegas average home prices tumbled below January 2000 levels..............................................Full Article: Source |