Thursday, December 16, 2010

More Housing Gloom: Prices Fell 1.9% In October And They're Heading Lower

"CoreLogic ... today released today released its October Home Price Index (HPI) which shows that home prices in the U.S. declined for the third month in a row. According to the CoreLogic HPI, national home prices, including distressed sales, declined by 3.93 percent in October 2010 compared to October 2009 and declined by 2.43 percent* in September 2010 compared to September 2009. Excluding distressed sales, year-over-year prices declined by 1.5 percent in October 2010 compared to October 2009..."
at http://www.businessinsider.com/more-housing-gloom-prices-fell-19-in-october-2010-12?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29#ixzz18InT1LOy

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