Wednesday, October 27, 2010

US home prices drop again in August "unexpectedly." Biggest drop, Phoenix....Arizona

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10/26, BBC, "US house prices dip again in August"

"Prices were down 0.3% versus the previous month, on a seasonally-adjusted basis, according to the Case-Shiller index of 20 major US cities.
  • The data - which is actually an average of house prices during June, July and August -

was lower than expected."...

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10/26, "US Home Prices Dip...Again," AP via CBS News

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10/26, "DFW (Dallas Fort Worth) home prices dip in disappointing month," Star-Telegram by Sandra Baker

  • "Dallas-Fort Worth was among a dozen major metropolitan areas in the U.S. to see home prices decline in August, according to Tuesday's Standard & Poors/Case Shiller home price index, a leading measure of U.S. home prices."...
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10/25, "Birmingham home prices drop nearly 7%," Birmingham Business Journal, L. B. Cooper
  • "Statewide, home prices in Alabama fell 10.4 percent during August, including distressed sales, making it
  • the state with the second greatest depreciation."...

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