The Standard & Poor’s/Case-Shiller composite index of 20 metropolitan areas fell more than expected in September. According to the index, house prices were 0.8% lower compared with August. David Blitzer, chairman of S&P’s index committee, comments: “While some of the bad numbers may reflect the end of the government’s tax incentive for first-time homebuyers, there [...]
US house prices fall for third consecutive month
