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:
Most Popular Slideshows
- Taylor Swift Named People's Best Dressed Stars Of 2014 [PHOTOS]
- Champions League Results: Barcelona Barely Escapes With A Win, Chelsea Fails To Hold On To The Lead [PHOTOS]
- Jeremy Lin, Kobe Bryant Among The Top 5 Overpaid Players In The NBA (Part 1 - Western Conference)
- Reasons Why Michael Jordan Is Better Than LeBron James [PHOTOS And VIDEO]
Join the Conversation
- Canada Consumer Alert: Costco No Longer Accepting American Express Cards Starting Jan 1
- Australian Dollar Outlook - 19 September 2014
- Economy Travel Not So Anymore with Air Canada, Starts Charging C$25 Checked Bag Fee
- Australian Dollar Outlook - 18 September 2014
- U.S. Congress Approves Arming, Training Syrian Rebels Against ISIS
- Google Release Roundup: New Nexus 6, Nexus 8, Android 5.0 L Launch and Killer Features
- Xperia Z, Xperia ZL, Xperia ZR Android 4.4.4 KitKat Update Guide
- 'ISIL Has To Be Defeated, Plain And Simple, End Of Story,' Sen. John Kerry
- New Samsung Galaxy S5 Android 4.4.4 KitKat Update Released, Verizon Guide and Installation