埃德蒙顿华人社区-Edmonton China

 找回密码
 注册
查看: 1695|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. ) E: t/ X4 f1 o+ y) I! l9 x' p

& E1 `/ C) A& v, KStandard & 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.: p% _) N, y/ F; A' G0 a6 n- ]+ Z9 D

' _9 T9 h! [2 B$ D5 q3 D, ~Prices 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 2000.4 V5 C. Q% p, y  f5 p
. ~* a) ?0 |! u2 W
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- P: ~0 u$ t9 H* P
, u" r3 q: m; P- p4 E- 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.
2 B. J/ @- K0 i+ \, F
. u1 {  A0 m/ P+ tNineteen of the 20 metro areas reported annual declines, with 15 of them posting record lows. Six metro areas lost more than 20 percent.$ k7 ]) D8 L9 c! e1 k9 ~" ?2 l+ ^
8 V& D& K. ?; P
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.
- h1 H  f4 C" ]( i( z  [( l, ?, V+ t3 D; o
Last 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.) s& l  D. X1 q  o9 t5 {; X3 V

) ^0 U" R, t) s, o( T6 W# |6 QThe 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.% V: Y, M9 @1 l+ g% K* U

3 U( a' m7 g+ Z, D7 s& K) w3 u(This version CORRECTS that 20-city and 10-city metro area figures are for March sted 1st quarter) )8 ]$ h4 S5 I* D) o1 X
, I3 w; D7 l8 E
[ 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, 2026-8-3 16:49 , Processed in 0.212616 second(s), 12 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