Case-Shiller report says 2012 home prices off to rocky start

dennis-norman-home-prices-realtorThis morning, the S&P/Case-Shiller Index report for January was released which showed both the 10-city and 20-city composites, after both hitting record low levels in December, fell further in January. The 10-city and 20-city composites saw annual price decline of 3.9 percent and 3.8 percent respectively and both saw price declines of 0.8 percent in January from December.

Report highlights:

  • The 10- and 20- City Composites and eight cities – Atlanta, Chicago, Cleveland, Las Vegas, New York, Portland, Seattle and Tampa hit new lows.
  • Detroit and Phoenix, two cities that have suffered massive price declines, plus Denver, saw increasing prices from a year ago.
  • January 2011. The 10-City Composite was down 3.9% and the 20-City was down 3.8% compared to January 2011.
  • Home prices in Atlanta are particularly week – they were down 2.1 percent from the prior month and have fallen by a cumulative 19.7% over the last six months. It also posted the worst annual return, down 14.8%. Seven of the cities were down by 1.0% or more over the month.
  • With the new lows, both Composites are now 34.4 percent off their relative 2006 peaks.”

case-shiller-home-prices-january-2012

Source: Case Shiller

case-shiller-home-prices-metro-areas-january-2012case-shiller-home-price-index-composite-cities-january-2012

Print Friendly, PDF & Email

16 comments to Case-Shiller report says 2012 home prices off to rocky start

  • … [Trackback]

    […] Find More on on that Topic: stlouisrealestatenews.com/st-louis-home-prices/case-shiller-report-says-2012-home-prices-off-to-rocky-start/ […]

  • Hi there, just became aware of your blog through Google, and found that it’s really informative. I am gonna watch out for brussels. I will appreciate if you continue this in future. Lots of people will be benefited from your writing. Cheers!

  • Very interesting topic, appreciate it for putting up.

  • What i don’t realize is in truth how you are now not really much more well-appreciated than you may be now. You are very intelligent. You know thus significantly on the subject of this matter, produced me for my part believe it from a lot of varied angles. Its like men and women aren’t involved unless it is something to accomplish with Woman gaga! Your own stuffs great. Always deal with it up!

  • … [Trackback]

    […] Find More here on that Topic: stlouisrealestatenews.com/st-louis-home-prices/case-shiller-report-says-2012-home-prices-off-to-rocky-start/ […]

  • Real clear internet site, regards for this post.

  • Very nice article and right to the point. I am not sure if this is truly the best place to ask but do you folks have any thoughts on where to hire some professional writers? Thx :)

  • Hello! I’ve been reading your web site for a long time now and finally got the bravery to go ahead and give you a shout out from Houston Tx! Just wanted to mention keep up the great work!

  • I believe this site has got some rattling superb information for everyone. “A man’s dreams are an index to his greatness.” by Zadok Rabinwitz.

  • … [Trackback]

    […] Read More on that Topic: stlouisrealestatenews.com/st-louis-home-prices/case-shiller-report-says-2012-home-prices-off-to-rocky-start/ […]

  • … [Trackback]

    […] Find More here to that Topic: stlouisrealestatenews.com/st-louis-home-prices/case-shiller-report-says-2012-home-prices-off-to-rocky-start/ […]

  • hi!,I love your writing very a lot! percentage we be in contact more about your post on AOL? I need a specialist on this house to unravel my problem. May be that is you! Having a look ahead to look you.

  • I very like this blog. Everything is cleared.

  • Enjoyed reading through this, very good stuff, regards. “It requires more courage to suffer than to die.” by Napoleon Bonaparte.

  • … [Trackback]

    […] There you will find 5831 additional Info on that Topic: stlouisrealestatenews.com/st-louis-home-prices/case-shiller-report-says-2012-home-prices-off-to-rocky-start/ […]

  • I do love the way you have presented this particular concern and it does provide us some fodder for consideration. On the other hand, from just what I have experienced, I just simply trust as the actual reviews stack on that men and women stay on issue and don’t get started on a tirade regarding the news of the day. All the same, thank you for this fantastic point and whilst I do not concur with this in totality, I regard your point of view.

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>