WASHINGTON (AP) - Home prices dropped in February in most major U.S. cities for a sixth straight month, a sign that modest sales gains haven't been enough to boost prices.
The Standard & Poor's/Case-Shiller home-price index shows that prices dropped in February from January in 16 of the 20 cities it tracks.
The steepest declines were in Atlanta, Chicago and Cleveland. Prices rose in Phoenix, San Diego and Miami. They were unchanged in Dallas.
The declines partly reflect typical offseason sales. The month-to-month prices aren't adjusted for seasonal factors. Still, prices fell in 15 of the 20 cities in February compared with the same month in 2011. That indicates that the housing market remains far from healthy despite the best winter for sales in five years.
New home sales in the U.S. were off 7 percent in March, the largest decline in a year.
Thursday, December 5 2013 9:19 PM EST2013-12-06 02:19:22 GMT
UPDATE: On Thursday two people were arrested after a high speed chase. It ended in the area of 13th & Lindeke near Hwy. 195.>>
UPDATE: On Thursday two people were arrested after a high speed chase. It ended in the area of 13th & Lindeke near Hwy. 195. Spokane County Sheriff's Deputies tell KHQ that the male driver rammed at least 2 patrol vehicles before being taken into custody. >>>SEND BREAKING NEWS PHOTOS TO PIX@KHQ.COM| >>
Friday, December 6 2013 2:18 PM EST2013-12-06 19:18:21 GMT
KHQ.COM - We all know that passwords protect our personal accounts and information. >>
KHQ.COM - We all know that passwords protect our personal accounts and information. However it's important to make sure that your password is unique and difficult to prevent people and software programs from figuring it out.>>
Tuesday afternoon the North Idaho Violent Crimes Task Force arrested 22-year-old Michael Anthony Sanchez in connection with the robbery of the Dominos Pizza that happened in Hayden back on November 15th. In a press release issued Thursday afternoon, the Kootenai County Sheriff's Office did not elaborate on details of the arrest.>>