埃德蒙顿华人社区-Edmonton China

 找回密码
 注册
查看: 1963|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. ! p4 w4 N  [, f+ v( J: `
7 u! t/ g6 u( P6 k0 H( u  z. k
Standard & 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.9 z  t/ S  F) U' p& j2 R
. a! R) J+ r% O' m: t7 U% _
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.
+ b3 u' [, t1 A: \# I& }, `# c% z9 K9 l
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.
* Y' l" T3 Z+ }7 u
: b. J' R6 ~, e6 J"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.
9 h& R2 r$ \  S/ X
+ z5 F' C3 }$ J0 `6 v" |+ }3 GNineteen of the 20 metro areas reported annual declines, with 15 of them posting record lows. Six metro areas lost more than 20 percent.
8 c) J: [8 Z  c0 s/ ]; M9 A# h: \! X1 d3 ]) R, G0 [* q
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.
( S" [' D$ ?/ c- H! W4 N+ X
1 k/ }, i. X, g- \: T0 a4 Q- ^9 NLast 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.1 ^& I5 m% `! j/ i

6 F. s; b, [' S  ]The OFHEO index is narrower in scope and is calculated using mortgages of $417,000 or less that are bought or backed by Fannie Mae or Freddie Mac. That excludes properties bought with some of the riskier types of home loans.
# n: U5 d& a; {) q9 u2 |
0 y: j! I$ `' n/ `' [: u8 M(This version CORRECTS that 20-city and 10-city metro area figures are for March sted 1st quarter) )- h0 v$ p4 C: ^/ m7 Y8 u. q5 M) C

- z( v! S3 [5 R# U( |7 h2 V[ 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, 2026-9-26 10:12 , Processed in 0.570006 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