The 10 Cities Where Home Prices Are Hitting Brand New Lows

Pheonix

This morning’s Case-Shiller number continued to show that the U.S. is in the midst of a housing double-dip. Prices in 10 cities hit brand new lows, and overall prices fell 3.3% year-over-year in February.

There are some bright spots however, with one city continuing to improve year-over-year and another showing some signs of a comeback.

Note: The included charts show year-over-year change.

[slideshow]
[slide
permalink=”new-low-new-york-down-31-year-over-year-1″
title=”New Low: New York down 3.1% year-over-year”
content=”//There are various Case-Shiller indexes that cover national home prices, 20 and 10 city composite indexes and indexes for 20 individual metro areas. These indexes are calculated from data on repeat sales of single-family homes, using an approach developed by economists Karl Case, Robert Shiller and Allan Weiss. The index is normalized to have a value of 100 in January 2000. The indexes are calculated each month with a two month lag and are published on the last Tuesday of every month.
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[slide
permalink=”new-low-charlotte-down-50-year-over-year-2″
title=”New Low: Charlotte down 5.0% year-over-year”
content=”//There are various Case-Shiller indexes that cover national home prices, 20 and 10 city composite indexes and indexes for 20 individual metro areas. These indexes are calculated from data on repeat sales of single-family homes, using an approach developed by economists Karl Case, Robert Shiller and Allan Weiss. The index is normalized to have a value of 100 in January 2000. The indexes are calculated each month with a two month lag and are published on the last Tuesday of every month.
image=”#!#PLACEHOLDER IMAGE#!#”
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]
[slide
permalink=”new-low-las-vegas-down-50-year-over-year-3″
title=”New Low: Las Vegas down 5.0% year-over-year”
content=”//There are various Case-Shiller indexes that cover national home prices, 20 and 10 city composite indexes and indexes for 20 individual metro areas. These indexes are calculated from data on repeat sales of single-family homes, using an approach developed by economists Karl Case, Robert Shiller and Allan Weiss. The index is normalized to have a value of 100 in January 2000. The indexes are calculated each month with a two month lag and are published on the last Tuesday of every month.
image=”#!#PLACEHOLDER IMAGE#!#”
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]
[slide
permalink=”new-low-atlanta-down-58-year-over-year-4″
title=”New Low: Atlanta down 5.8% year-over-year”
content=”//There are various Case-Shiller indexes that cover national home prices, 20 and 10 city composite indexes and indexes for 20 individual metro areas. These indexes are calculated from data on repeat sales of single-family homes, using an approach developed by economists Karl Case, Robert Shiller and Allan Weiss. The index is normalized to have a value of 100 in January 2000. The indexes are calculated each month with a two month lag and are published on the last Tuesday of every month.
image=”#!#PLACEHOLDER IMAGE#!#”
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]
[slide
permalink=”new-low-tampa-down-60-year-over-year-5″
title=”New Low: Tampa down 6.0% year-over-year”
content=”//There are various Case-Shiller indexes that cover national home prices, 20 and 10 city composite indexes and indexes for 20 individual metro areas. These indexes are calculated from data on repeat sales of single-family homes, using an approach developed by economists Karl Case, Robert Shiller and Allan Weiss. The index is normalized to have a value of 100 in January 2000. The indexes are calculated each month with a two month lag and are published on the last Tuesday of every month.
image=”#!#PLACEHOLDER IMAGE#!#”
caption=””
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]
[slide
permalink=”new-low-miami-down-62-year-over-year-6″
title=”New Low: Miami down 6.2% year-over-year”
content=”//There are various Case-Shiller indexes that cover national home prices, 20 and 10 city composite indexes and indexes for 20 individual metro areas. These indexes are calculated from data on repeat sales of single-family homes, using an approach developed by economists Karl Case, Robert Shiller and Allan Weiss. The index is normalized to have a value of 100 in January 2000. The indexes are calculated each month with a two month lag and are published on the last Tuesday of every month.
image=”#!#PLACEHOLDER IMAGE#!#”
caption=””
credit=””
credit_href=””
]
[slide
permalink=”new-low-portland-down-70-year-over-year-7″
title=”New Low: Portland down 7.0% year-over-year”
content=”//There are various Case-Shiller indexes that cover national home prices, 20 and 10 city composite indexes and indexes for 20 individual metro areas. These indexes are calculated from data on repeat sales of single-family homes, using an approach developed by economists Karl Case, Robert Shiller and Allan Weiss. The index is normalized to have a value of 100 in January 2000. The indexes are calculated each month with a two month lag and are published on the last Tuesday of every month.
image=”#!#PLACEHOLDER IMAGE#!#”
caption=””
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credit_href=””
]
[slide
permalink=”new-low-seattle-down-75-year-over-year-8″
title=”New Low: Seattle down 7.5% year-over-year”
content=”// There are various Case-Shiller indexes that cover national home prices, 20 and 10 city composite indexes and indexes for 20 individual metro areas. These indexes are calculated from data on repeat sales of single-family homes, using an approach developed by economists Karl Case, Robert Shiller and Allan Weiss. The index is normalized to have a value of 100 in January 2000. The indexes are calculated each month with a two month lag and are published on the last Tuesday of every month.
image=”#!#PLACEHOLDER IMAGE#!#”
caption=””
credit=””
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]
[slide
permalink=”new-low-chicago-down-76-year-over-year-9″
title=”New Low: Chicago down 7.6% year-over-year”
content=”//There are various Case-Shiller indexes that cover national home prices, 20 and 10 city composite indexes and indexes for 20 individual metro areas. These indexes are calculated from data on repeat sales of single-family homes, using an approach developed by economists Karl Case, Robert Shiller and Allan Weiss. The index is normalized to have a value of 100 in January 2000. The indexes are calculated each month with a two month lag and are published on the last Tuesday of every month.
image=”#!#PLACEHOLDER IMAGE#!#”
caption=””
credit=””
credit_href=””
]
[slide
permalink=”new-low-phoenix-down-84-year-over-year-10″
title=”New Low: Phoenix down 8.4% year-over-year”
content=”//There are various Case-Shiller indexes that cover national home prices, 20 and 10 city composite indexes and indexes for 20 individual metro areas. These indexes are calculated from data on repeat sales of single-family homes, using an approach developed by economists Karl Case, Robert Shiller and Allan Weiss. The index is normalized to have a value of 100 in January 2000. The indexes are calculated each month with a two month lag and are published on the last Tuesday of every month.
image=”#!#PLACEHOLDER IMAGE#!#”
caption=””
credit=””
credit_href=””
]
[slide
permalink=”denver-down-26-year-over-year-11″
title=”Denver down 2.6% year-over-year”
content=”//There are various Case-Shiller indexes that cover national home prices, 20 and 10 city composite indexes and indexes for 20 individual metro areas. These indexes are calculated from data on repeat sales of single-family homes, using an approach developed by economists Karl Case, Robert Shiller and Allan Weiss. The index is normalized to have a value of 100 in January 2000. The indexes are calculated each month with a two month lag and are published on the last Tuesday of every month.
image=”#!#PLACEHOLDER IMAGE#!#”
caption=””
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[slide
permalink=”san-francisco-down-35-year-over-year-12″
title=”San Francisco down 3.5% year-over-year”
content=”//There are various Case-Shiller indexes that cover national home prices, 20 and 10 city composite indexes and indexes for 20 individual metro areas. These indexes are calculated from data on repeat sales of single-family homes, using an approach developed by economists Karl Case, Robert Shiller and Allan Weiss. The index is normalized to have a value of 100 in January 2000. The indexes are calculated each month with a two month lag and are published on the last Tuesday of every month.
image=”#!#PLACEHOLDER IMAGE#!#”
caption=””
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]
[slide
permalink=”cleveland-down-29-year-over-year-13″
title=”Cleveland down 2.9% year-over-year”
content=”//There are various Case-Shiller indexes that cover national home prices, 20 and 10 city composite indexes and indexes for 20 individual metro areas. These indexes are calculated from data on repeat sales of single-family homes, using an approach developed by economists Karl Case, Robert Shiller and Allan Weiss. The index is normalized to have a value of 100 in January 2000. The indexes are calculated each month with a two month lag and are published on the last Tuesday of every month.
image=”#!#PLACEHOLDER IMAGE#!#”
caption=””
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credit_href=””
]
[slide
permalink=”los-angeles-down-21-year-over-year-14″
title=”Los Angeles down 2.1% year-over-year”
content=”//There are various Case-Shiller indexes that cover national home prices, 20 and 10 city composite indexes and indexes for 20 individual metro areas. These indexes are calculated from data on repeat sales of single-family homes, using an approach developed by economists Karl Case, Robert Shiller and Allan Weiss. The index is normalized to have a value of 100 in January 2000. The indexes are calculated each month with a two month lag and are published on the last Tuesday of every month.
image=”#!#PLACEHOLDER IMAGE#!#”
caption=””
credit=””
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]
[slide
permalink=”dallas-down-12-year-over-year-15″
title=”Dallas down 1.2% year-over-year”
content=”//There are various Case-Shiller indexes that cover national home prices, 20 and 10 city composite indexes and indexes for 20 individual metro areas. These indexes are calculated from data on repeat sales of single-family homes, using an approach developed by economists Karl Case, Robert Shiller and Allan Weiss. The index is normalized to have a value of 100 in January 2000. The indexes are calculated each month with a two month lag and are published on the last Tuesday of every month.
image=”#!#PLACEHOLDER IMAGE#!#”
caption=””
credit=””
credit_href=””
]
[slide
permalink=”san-diego-down-18-year-over-year-16″
title=”San Diego down 1.8% year-over-year”
content=”//There are various Case-Shiller indexes that cover national home prices, 20 and 10 city composite indexes and indexes for 20 individual metro areas. These indexes are calculated from data on repeat sales of single-family homes, using an approach developed by economists Karl Case, Robert Shiller and Allan Weiss. The index is normalized to have a value of 100 in January 2000. The indexes are calculated each month with a two month lag and are published on the last Tuesday of every month.
image=”#!#PLACEHOLDER IMAGE#!#”
caption=””
credit=””
credit_href=””
]
[slide
permalink=”boston-down-10-year-over-year-17″
title=”Boston down 1.0% year-over-year”
content=”//There are various Case-Shiller indexes that cover national home prices, 20 and 10 city composite indexes and indexes for 20 individual metro areas. These indexes are calculated from data on repeat sales of single-family homes, using an approach developed by economists Karl Case, Robert Shiller and Allan Weiss. The index is normalized to have a value of 100 in January 2000. The indexes are calculated each month with a two month lag and are published on the last Tuesday of every month.
image=”#!#PLACEHOLDER IMAGE#!#”
caption=””
credit=””
credit_href=””
]
[slide
permalink=”minneapolis-down-83-year-over-year-18″
title=”Minneapolis down 8.3% year-over-year”
content=”//There are various Case-Shiller indexes that cover national home prices, 20 and 10 city composite indexes and indexes for 20 individual metro areas. These indexes are calculated from data on repeat sales of single-family homes, using an approach developed by economists Karl Case, Robert Shiller and Allan Weiss. The index is normalized to have a value of 100 in January 2000. The indexes are calculated each month with a two month lag and are published on the last Tuesday of every month.
image=”#!#PLACEHOLDER IMAGE#!#”
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[slide
permalink=”winner-detroit-with-home-prices-rising-1-month-over-month-still-down-37-year-over-year-19″
title=”Winner: Detroit with home prices rising 1% month-over-month (still down 3.7% year-over-year)”
content=”//There are various Case-Shiller indexes that cover national home prices, 20 and 10 city composite indexes and indexes for 20 individual metro areas. These indexes are calculated from data on repeat sales of single-family homes, using an approach developed by economists Karl Case, Robert Shiller and Allan Weiss. The index is normalized to have a value of 100 in January 2000. The indexes are calculated each month with a two month lag and are published on the last Tuesday of every month.
image=”#!#PLACEHOLDER IMAGE#!#”
caption=””
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[slide
permalink=”winner-washington-down-month-over-month-but-up-27-year-over-year-20″
title=”Winner: Washington down month-over-month, but up 2.7% year-over-year”
content=”//There are various Case-Shiller indexes that cover national home prices, 20 and 10 city composite indexes and indexes for 20 individual metro areas. These indexes are calculated from data on repeat sales of single-family homes, using an approach developed by economists Karl Case, Robert Shiller and Allan Weiss. The index is normalized to have a value of 100 in January 2000. The indexes are calculated each month with a two month lag and are published on the last Tuesday of every month.
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[slide
permalink=”-21″
title=””
content=”//There are various Case-Shiller indexes that cover national home prices, 20 and 10 city composite indexes and indexes for 20 individual metro areas. These indexes are calculated from data on repeat sales of single-family homes, using an approach developed by economists Karl Case, Robert Shiller and Allan Weiss. The index is normalized to have a value of 100 in January 2000. The indexes are calculated each month with a two month lag and are published on the last Tuesday of every month.
image=”#!#PLACEHOLDER IMAGE#!#”
caption=””
credit=””
credit_href=””
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[slide
permalink=”could-the-housing-situation-get-any-worse-22″
title=”Could the housing situation get any worse?”
content=”27 depressing facts about the housing crash that never seems to end >
image=”http://static.businessinsider.com/image/4c4ddb667f8b9a8d6cbb0100″
caption=””
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]
[/slideshow]