January survey: home prices drop, again

This home is for sale in Pepper Pike,

advertisement | advertise on newsday

This home is for sale in Pepper Pike, Ohio. The Case/Shiller survey said home sale prices across the country are still on a downward drift, despite the increase in homes sold. (March 20, 2012) (Credit: AP)

Home prices fell in January for a fifth straight month in most major U.S. cities, as modest sales increases have yet to boost prices.

The Standard & Poor's/Case-Shiller home-price index shows prices dropped in January from December in 16 of 19 cities tracked.

The steepest declines were in San Francisco, Atlanta and Portland, Ore. Prices increased in Miami, Phoenix and Washington,...

Optimum Online customers get unlimited digital access

Log in

There's more to the story! Subscribe now.

Get unlimited digital access $14.99 A MONTH

Join Now

To continue reading, Newsday subscribers log in

To continue reading, Newsday subscribers log in or register

Get the Biz Briefing newsletter!

The latest LI business news in your inbox daily.

Comments

Newsday.com now uses Facebook for our comment boards. Please read our guidelines and connect your Facebook account to comment.