Home prices under renewed pressure: S&P – Economy at a Crossroads- msnbc.com

Posted by Robert Kepe on June 3, 2010 with 0 Comments

Tax credits and historically low mortgage rates have failed to lift home prices so far this year. Prices fell 0.5 percent in March from February, according to the Standard & Poor’s/Case-Shiller 20-city index released Tuesday.

That marks six straight months of declines — a sign that the housing market is going in reverse.

via Home prices under renewed pressure: S&P – Economy at a Crossroads- msnbc.com.

Filed Under: Real Estate News

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