Powered by MOMENTUM MEDIA
Powered by MOMENTUM MEDIA
SUBSCRIBE TO OUR NEWSLETTER SIGN UP
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

US home values continue downward slide

Staff Reporter 1 minute read

House prices in the US dropped by 2.2 per cent from September to October 2008, the Standard & Poor’s/ Case-Shiller housing price index, released this week, has revealed.

Advertisement
Advertisement
According to the report, which tracks changes in the value of the residential real estate market in 20 metropolitan regions across the United States, the annual fall in values hit 18 per cent.

“The bear market continues; home prices are back to their March 2004 levels," David Blitzer, chairman on the Index Committee at Standard & Poor’s, said.

 

US home values continue downward slide
default
TheAdviser logo
default

TODAY'S POLL

View results >

Who do you aggregate through?

Thank you for your vote, you can see the results here.

more from the adviser
APRA RBA ta RBA, APRA sing different tune on serviceability buffers

APRA chair Wayne Byres has dismissed the need for a cut to the bu...

loanapplication Remodelled FHB scheme cops backlash

From 1 July, all applications for the FHLDS will require a Notice...

software digital ta Building society employs video VOI process

Newcastle Permanent has introduced a new process to enable verifi...

FROM THE WEB