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Tag: "home prices"

The Fourth Quarter Starts with Broad-based Declines in Home Prices

NEW YORK, Dec. 27, 2011 /PRNewswire/ – Data through October 2011, released today by S&P Indices for its S&P/Case-Shiller[1] Home Price Indices, the leading measure of U.S. home prices, showed decreases of 1.1% and 1.2% for the 10- and 20-City Composites in October vs. September. Nineteen of the 20 cities covered by the indices also saw home prices decrease […]

Consumer Spending Index Falls in November

NEW YORK, Dec. 15, 2011  – The Deloitte Consumer Spending Index (Index) slid again in November, weighed down primarily by the housing market.  The Index tracks consumer cash flow as an indicator of future consumer spending. “A high number of foreclosed homes and mortgage defaults continue to deflate real home prices and further lower consumers’ net worth,” […]