Home Prices Double Dip to Levels Before Housing Bubble Burst

After rebounding in 2009 and 2010, national home prices have sagged to another low in what housing experts are calling a "double dip." Falling for the eight consecutive month, the S&P/Case-Shiller Home Price Index reveals that home prices in major metro areas are back to mid-2002 levels, with no end to the declines in sight. The 20-city National Index dropped 4.2 percent in the first quarter after having fallen 3.6 percent in the final quarter of 2010. In Atlanta, Cleveland, Detroit and...Full Story
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