New Home Price Report Shows It’s a Great Time to Buy says Bob Stahl, Guest Writer, Realtor.com. “The most recent S&P/Case-Shiller Home Price Indices was released on Tuesday and the news wasn’t as optimistic as we would like but not altogether surprising either. The S&P/Case-Shiller monthly report is the leading measure of U.S. home prices and on Tuesday, they reported that – in their 20-city composite – housing prices fell 1.6 percent from their November 2009 levels. Sixteen of the 20 cities in the index showed a year-over-year decline and 19 of the 20 metros showed a decline from the month prior (October 2010) However, the composite indices remain above their spring 2009 lows.”
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