Case-Shiller Home Price Index reverses 5 months of gains
(NEWSER) - After five straight months of gains through August, many market watchers had hoped home prices were finally trekking northward for good. No such luck: According to the just-released S&P/Case-Shiller Index, home prices fell in 19 of the nation’s 20 largest cities from September to October, bringing the index 3.4% lower than it was at this time last year. And while prices usually trend downward in the fall, the LA Times believes these figures portend a weak market in 2012. More»
