U.S. house prices continued to slide in December. The S&P/Case-Shiller index of home values in 20 cities fell 2.4%, the biggest y/y decrease since December 2009, the group said today in New York. During the fourth quarter, home prices declined 3.9% from the previous quarter and were down 4.1% on a y/y-basis. This is another indication that recovery in the housing sectors continues to lag the economy as a whole.
Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!