S&P/Case-Shiller shows continuing declines in Atlanta home prices
Industry, Market | (0)
Home prices are continuing to fall, according to the latest report of the S&P/Case-Shiller indices.
The data, good through April, show that prices in the 10-city index fell 16.3 percent from last year. The 20-city index fell 15.3 percent, also a new record low.
Home prices in Atlanta continued their slide, dropping 0.1% from last month to a level 7.5% below that of last year. It is the seventh straight month of annual negative returns for the city.
Still, it could be much worse: Las Vegas and Miami continue to be the weakest markets in the country, with prices in Las Vegas dropping ...
