Case Shiller: Home Prices Sink, Double Dip Looms

Case-Shiller index SeattleHome prices in 11 key markets reached new lows in the month of January, according to housing data released Tuesday, rekindling fears of a double dip in the housing market. Of the 20 housing markets surveyed by the S&P/Case-Shiller Index, only two metropolitan areas -- Washington, D.C., and San Diego-- posted year-over-year growth. The 11 cities that suffered new lows in December -- among them, New York, Las Vegas, Tampa and Detroit -- sank further still in January, suggesting that prices have yet to bottom out in several markets. Read the full story at the Huffington Post.
Read Full Story

Can't get enough real estate news?

Sign up for Finance Report by AOL and get everything from celebrity homes to renovation tricks delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

Find a home

Buy
Rent
Value
Powered by Zillow