No Home Price Stabilization Yet

February 2009
Investment Dealers' Digest;2/2/2009, Vol. 75 Issue 5, p15
Trade Publication
The article reports on the decrease of home prices in the U.S. for the 28th consecutive month in November 2008, based on the data of Standard & Poor's Corp. (S&P). The National Association of Realtors has revealed the increase of home sales by 6.5% to an adjusted rate of 4.74 million units. David Blitzer, chairman of S&P's index committee, stated that the 10-city and 20-city composites have declined every month since August 2006.


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