Datamine

Home Prices are Still Dropping

Home prices dropped more than forecast in October, a sign housing will remain a weak link as the recovery accelerates into the new year. Chart:

GOING DOWN
Standard & Poor's Case-Shiller Home Price Indeces' September to October results, showing the changes in prices in the markets.

Las Vegas -0.2%
Washington -0.2%
Denver -0.6%
Los Angeles -0.7%
Tampa -0.9%
Charlotte, N.C. -1.1%
Dallas -1.1%
Miami -1.1%
Phoenix -1.1%
Boston -1.2%
Seattle -1.3%
Cleveland -1.5%
Portland, Ore. -1.5%
San Diego -1.5%
New York -1.6%
Minneapolis -1.9%
San Francisco -1.9%
Chicago -2%
Detroit- 2.5%
Atlanta -2.9%

Read more at the Sarasota Herald Tribune.