U.S. Home Prices Fell 0.8% In February: Case-Shiller
By IBTimes Staff Reporter | April 24, 2012 11:08 PM EST
The Case-Shiller Home Price Index of 20 cities fell 0.8 percent in February, on a non-seasonally-adjused basis -- hitting its lowest level in nearly a decade.
On a seasonally-adjusted basis, prices rose 0.2 percent in Febraury, slightly higher than the Bloomberg consensus estimate of an 0.1-percent month-to-month gain for the 20-city index.
On a year-over-year basis, prices fell 3.5 percent in February, compared to a year ago, in Febraury 2011, on a non-seasonally-adjusted basis.
Details to follow.
To contact the editor, e-mail:
Join the Conversation
- Canada Jetlines Files For C$50 Million Airline IPO
- Plane Freezes in Russian Arctic, Passengers Push (WATCH VIDEO)
- New Zealand's Job Expo In Sydney To Showcase 2,000 Wellington Jobs
- With Falling Oil Prices All Eyes On OPEC Meeting
- This Is How Obesity Weighs Down Global Economy By 2 Trillion Dollars Every Year
- Target’s ‘Surprise Doorbusters’ Black Friday 2014 Deals On TV Sets, Entertainment Centres, DVD Players And More
- IKEA Black Friday 2014 Ad Includes Discounts On Home Furnishings, Appliances, Kitchen Designs, Beds, Sofas, Mattresses And Toys
- T-Mobile’s Black Friday 2014 Deals On Apple iPhone 6, Samsung Galaxy Note 4/Edge, Nexus 6, HTC One M8, LG G3, iPad Air 2 And Mini 3
- Black Friday And Cyber Monday Sale 2014: AT&T's Cricket Wireless Offers Discounts On Lumia 1320, Galaxy S5, S4 And HTC Desire 510
- ISIS Kidnaps Iraqi Defence Minister’s Family, Executes Female Parliament Candidates
- ISIS Drug Transit From Afghanistan To Europe Confirmed By Russia: Money Goes Into Terror Funding And In New Recruitments
- '$2,000 For Sex'—Pleads Unlucky-in-Love Guy On OKCupid