Content about David Blitzer

June 28, 2011

The S&P/Case-Shiller Index, a closely watched indicator for the new housing market, has reported a monthly increase in prices for its 10- and 20-city composites for the first time in eight months. The composites were up 0.8% and 0.7%, respectively, in April versus March.

However, both indices are lower than a year ago, with the 10-city composite down 3.1% and the 20-city composite off 4.0% from its April 2010 levels.

March 29, 2011

Data released by the S&P/Case-Shiller Home Price Indices showed further declines in U.S. home prices in January 2011. Of the 20 MSAs covered by the indices, 13 showed further deceleration in their annual growth rate. The same 11 cities that had posted recent index level lows in December 2010, posted new lows in January.

The 10-City Composite dropped 2.0%, and the 20-City Composite fell 3.1% from their January 2010 levels.

February 22, 2011

The S&P/Case-Shiller Index, a bellwether for the new housing market, has reported that the U.S. National Home Price Index declined by 3.9% during the fourth quarter of 2010 compared with the same quarter in 2009.

As of December 2010, 18 of the 20 MSAs covered by S&P/Case-Shiller Home Price Indices were down compared with December 2009. The 10-City and 20-City Composites were down 0.9% and 1.0%, respectively, from their November levels.

December 30, 2008

Prices of new homes across the country continue to slide, with record drops in 14...

September 7, 2008

Prices of single-family homes across the United States are still falling, but the declines are...

April 30, 2008

More bad news on the housing front, with 17 out of 20 cities showing price...