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Home Price Index

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Home Values Down 18.2 Percent: Report 

Jan 27, 2009By

Home values continued to decline in all 20 metro areas of The Case-Shiller 20-city home price index in the 12 months ending in November, with 11 of the 20 areas posting record rates of annual decline, Standard & Poor’s reported Tuesday. The 20-City Composite Index as a whole fell 2.2 percent from October to November — with home values in all 20 cities falling at least one percent — and a record-setting 18.2 percent for the year ending November.