Case-Shiller: Home Prices Fall Nationally and in Chicago
The latest Case-Shiller report released this morning showed that seasonally-adjusted home prices fell 0.7 percent nationally between October and November 2011, and dropped by about 3.7 percent since November 2010. In Chicago, the index reported that home prices decreased on a monthly basis (-3.4%) as well as between November 2010 and November 2011 (-5.9%).
Case-Shiller November 2011
From the S&P press release:
“Despite continued low interest rates and better real GDP growth in the fourth quarter, home prices continue to fall. Weakness was seen as 19 of 20 cities saw average home prices decline in November over October,” says David M. Blitzer, Chairman of the Index Committee at S&P Indices.
See other articles related to: home prices, case-shiller
This article originally published at http://chicago.urbanturf.com/articles/article/case-shiller_home_prices_fall_nationally_and_in_chicago/5030
Obama Reduces Refinance Fees For FHA Loans
A Home From Ikea for $86,500
Live in MJ’s Home For Just $29 Million
Buying Is More Affordable Than Renting with Rent-to-Own Programs
Wall Street Big Wigs Buying Up Foreclosures
3.9: Mortgage Rates Settle Back Down
Apartment Hunting Tips for Chicago’s Booming Spring Rental Market
Mortgage Rates Below 4 Percent For Three Months
Increasing Rents Could Be Good For Home Sales- Obama Reduces Refinance Fees For FHA Loans
- A Home From Ikea for $86,500
- Live in MJ’s Home For Just $29 Million
- Buying Is More Affordable Than Renting with Rent-to-Own Programs
- Wall Street Big Wigs Buying Up Foreclosures
- 3.9: Mortgage Rates Settle Back Down
- Apartment Hunting Tips for Chicago’s Booming Spring Rental Market
- Mortgage Rates Below 4 Percent For Three Months
- FHA Mortgage Insurance Premiums to Increase on April 1
- Increasing Rents Could Be Good For Home Sales
What Are Chicago’s Most Hipsterific Neighborhoods?
Finding a Summer Sublet in Chicago: Part One
Finding a Summer Sublet in Chicago: Part Two
Hoop it Up! Chicago Properties with Indoor Basketball Courts
A Look Inside Theo Epstein’s Gleaming White Southport Corridor Mansion
20 Percent Down Payments Required?
Home Alone House Listed for $2.4 Million