Tuesday, February 22, 2011

Home prices near 2009 lows -- and may fall more

http://money.cnn.com/2011/02/22/real_estate/december_home_prices/index.htm?source=cnn_bin&hpt=Sbin

NEW YORK (CNNMoney) -- Home prices took a big hit at the end of 2010, even as the rest of the economy gained steam.

National home prices fell 4.1% during the last three months of 2010, compared with 12 months earlier, according to the latest report from the S&P/Case-Shiller home price index, a closely watched indicator of market trends. They were down 1.9% compared with three months earlier.

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