Questions? Let's Talk: 877.762.4375
X
Questions? Let's Talk: 877.762.4375
According to the S&P/Case-Shiller composite Index of 20 metropolitan areas, home prices declined 0.2 percent in March from February. The report shows prices are at mid-2002 levels and slipped in 18 of the 20 cities tracked. Despite a slowly recovering economy, home values are under pressure from excess inventory, particularly in cities that suffered badly from high unemployment and the Foreclosure crisis. The Case-Shiller Index measures sales prices of homes in select cities compared with January 2000. The Index offers a three-month moving average price. More here.
Will be happy to respond
