埃德蒙顿华人社区-Edmonton China

 找回密码
 注册
查看: 1350|回复: 1

S&P: US home prices tumble a record 14.1 pct in 1Q

[复制链接]
鲜花(17) 鸡蛋(0)
发表于 2008-6-4 08:05 | 显示全部楼层 |阅读模式
老杨团队,追求完美;客户至上,服务到位!
NEW YORK - U.S. home prices dropped at the sharpest rate in two decades during the first quarter, a closely watched index showed Tuesday, a somber indication that the housing slump continues to deepen.
4 X' I6 w+ U7 b
) C* q9 g5 }) d6 {( bStandard & Poor's/Case-Shiller said its national home price index fell 14.1 percent in the first quarter compared with a year earlier, the lowest since its inception in 1988. The quarterly index covers all nine U.S. Census divisions.
; I1 T" ^, v, a& M4 D5 h" E
* I* y5 E* x' y: ~1 T# OPrices nationwide are at levels not seen since the third quarter of 2004, according to Maureen Maitland, a S&P vice president. However, the index is still up 60 percent versus 2000.! m/ c: N; s3 s& p& x) W$ Z

" ?7 i& p- T$ z" [3 E: a+ N) ?Two narrower indices set record declines in March versus the previous year. The 20-city index tumbled 14.4 percent, the lowest since that index was started in 2001. The 10-city index plunged 15.3 percent, a record in its 20-year history.
, v% O$ r( U- W) f4 X' G1 ]+ @+ N! z& c) I. J$ k; `
"There are very few silver linings that one can see in the data. Most of the nation appears to remain on a downward path," said David Blitzer, chairman of S&P's index committee.7 z! e% B' o5 [5 Z, @

/ t4 {) X7 B6 w5 xNineteen of the 20 metro areas reported annual declines, with 15 of them posting record lows. Six metro areas lost more than 20 percent.% `' K& I+ j" Q9 _" H3 \& G( H
# g3 N& [" _) l8 N5 j4 r
Las Vegas had the worst performance in March, falling 25.9 percent from a year earlier, followed by Miami and Phoenix. Only Charlotte, N.C., stayed above water, gaining less than 1 percent over the previous year.
6 m* O6 \3 A9 i: S6 K
. t" Q# g; q4 J7 q2 j5 L. ~% |3 rLast week, the Office of Federal Housing Enterprise Oversight said home prices fell 3.1 percent in the first quarter, the largest drop in its 17-year history and only the second quarter of price declines recorded.
6 N9 Y$ g$ b; @4 A$ R
1 A: P, x3 h4 bThe OFHEO index is narrower in scope and is calculated using mortgages of $417,000 or less that are bought or backed by Fannie Mae or Freddie Mac. That excludes properties bought with some of the riskier types of home loans.
) s2 h( R* o. H% r
/ O, @1 e: j3 B. q6 j& o(This version CORRECTS that 20-city and 10-city metro area figures are for March sted 1st quarter) )$ q$ Q* m7 Y$ M* l( u9 z/ G. B
: I! q6 _7 v. m. p* g! U
[ 本帖最后由 水管工 于 2008-6-4 09:20 编辑 ]
鲜花(49) 鸡蛋(0)
发表于 2008-6-4 09:57 | 显示全部楼层
您需要登录后才可以回帖 登录 | 注册

本版积分规则

联系我们|小黑屋|手机版|Archiver|埃德蒙顿中文网

GMT-7, 2026-2-12 04:10 , Processed in 0.164550 second(s), 11 queries , Gzip On, APC On.

Powered by Discuz! X3.4

Copyright © 2001-2021, Tencent Cloud.

快速回复 返回顶部 返回列表