Skip to main content

Newsroom

February 1, 2012

House prices hit post-bubble low

“When it comes to the value of what many Americans consider their biggest financial asset, no such return appears in sight.”

“Data released Tuesday showed that seasonally adjusted housing prices have reached a post-bubble low, as the minor surge that began in 2009 fizzled, to be followed by the almost continuous slide of the past 18 months.”

“The housing bust, in other words, appears to be even worse than it was at the nadir of the recession.”

“For millions of homeowners, that’s an unsettling reality, and potentially an issue in the presidential campaign. But the damage may be far more widespread.”

Home prices still falling.

The S&P/Case-Shiller home-price index has fallen in 17 of the past 18 months. The Washington area tracks above the composite index of 20 cities and is down in November after four consecutive increases.

Home prices still falling
Source: Standard & Poor’s/Case Shiller. The Washington Post. Published on January 31, 2012, 9:09 p.m.
 

Read the full story here.

In the News
Share

MEDIA REQUESTS

For media inquiries, please contact us at
[email protected] or 202-618-6433.

Contact Us

For media inquiries, please contact [email protected] or 202-618-6433.

To sign up for our email newsletter, please visit this page.

Name(Required)
This field is for validation purposes and should be left unchanged.

Sign Up — Stay Informed With Our Monthly Newsletter

"* (Required)" indicates required fields

This field is for validation purposes and should be left unchanged.

For media inquiries,

please contact [email protected] or 202-618-6433.

Donate

Help us fight for the public interest in our financial markets, protecting Main Street from Wall Street and avoiding another costly financial collapse and economic crisis, by making a donation today.

Donate Today