Wednesday, April 27, 2011

Home Prices Down Seven Months in a Row: Case-Shiller

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BY ADAM QUINONES
Standard and Poor's has released February Case-Shiller Home Price data...

S&P/Case-Shiller provides two monthly indices which track the price path of single family homes in a 10-City and a 20-City data base. Each index combines matched price pairs from sales of individual homes. All indices are based on a value of 100 which represents home prices in January 2000. A current index value of 150 percent would translate to a 50 percent appreciation in price since that date.

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