Housing Index Continues to Fall
Press release from the issuing company
Wednesday, January 26th, 2011
The November S&P Case-Shiller Index has informed Atlanta more of what it already knows: Home sale prices in the metro area were still falling at the end of the year.
The index, released Tuesday, shows a new low for the metro area, which has been in steady decline since August. Home sale prices fell 7.8 percent when compared to November 2009 and 2.9 percent when compared to October 2010, according to the non-seasonally adjusted numbers.
Nationally, the 20-city index fell 1 percent month-over-month and 1.5 percent year over year.
