U.S. Home Prices Fall For Sixth Straight Month - Spokane, North Idaho News & Weather KHQ.com

U.S. Home Prices Fall For Sixth Straight Month

Posted: Updated:

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.

 

  • Most Popular StoriesMost Popular StoriesMore>>

  • LOOKING FOR A HOME? Here Are 15 Homes For Sale For $175,000

    LOOKING FOR A HOME? Here Are 15 Homes For Sale For $175,000

    Tuesday, April 15 2014 10:08 AM EDT2014-04-15 14:08:47 GMT
    KHQ.COM - Spring is a popular time for those looking to buy or sell their home! We found 15 homes currently for sale in Spokane and surrounding areas all priced at $175,000. These homes were found on WindermereSpokane.Com for more information on a particular property, contact your real estate agent with the correct MLS number.>>
    KHQ.COM - Spring is a popular time for those looking to buy or sell their home! We found 15 homes currently for sale in Spokane and surrounding areas all priced at $175,000. These homes were found on WindermereSpokane.Com for more information on a particular property, contact your real estate agent with the correct MLS number.>>
  • WOW PHOTOS: Trying To Find Your Dream Home? Look At Some Of The Most Expensive Homes For Sale In Spokane

    WOW PHOTOS: Trying To Find Your Dream Home? Look At Some Of The Most Expensive Homes For Sale In Spokane

    Saturday, March 29 2014 12:22 AM EDT2014-03-29 04:22:00 GMT
    SPOKANE, Wash. - Interested in Real Estate? Need some decorating ideas? Or maybe you just love to dream! We wanted to share some photos of the most expensive homes currently for sale in the Spokane area. We found these listings on www.Windermere.com. If you have any questions about these properties, contact your real estate agent.>>
    SPOKANE, Wash. - Interested in Real Estate? Need some decorating ideas? Or maybe you just love to dream! We wanted to share some photos of the most expensive homes currently for sale in the Spokane area. We found these listings on www.Windermere.com. If you have any questions about these properties, contact your real estate agent.>>
  • 10 Cheapest Houses For Sale In Spokane

    10 Cheapest Houses For Sale In Spokane

    Wednesday, November 27 2013 2:35 AM EST2013-11-27 07:35:08 GMT
    Whether you are in the market for an affordable place to live or are in the business of flipping houses, here are the 10 cheapest homes for sale in Spokane according to AllSpokaneHomes.com.>>
    SPOKANE, Wash. - Whether you are in the market for an affordable place to live or are in the business of flipping houses, here are the 10 cheapest homes for sale in Spokane according to AllSpokaneHomes.com. Yes, they all need some work and some need a lot more than others, but when your mortgage payment is around the $200/month range there's at least something to stay positive about.>>