Chart usGOLD   Chart usSILVER  
 
Food for thought
In politics, few talents are as richly rewarded as the ability to convince parasites that they are victims.
Thomas Sowell  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1170.78-27.82
Silver 16.09-0.39
Platinum 1228.75-9.55
Palladium 788.7512.85
WORLD MARKETS
DOWJONES 17391182
NASDAQ 463165
NIKKEI 16414756
ASX 550548
CAC 40 423392
DAX 9327212
HUI 156-8
XAU 65-3
CURRENCIES (€)
AUS $ 1.4243
CAN $ 1.4120
US $ 1.2532
GBP (£) 0.7832
Sw Fr 1.2056
YEN 140.7680
CURRENCIES ($)
AUS $ 1.1366
CAN $ 1.1268
Euro 0.7980
GBP (£) 0.6250
Sw Fr 0.9619
YEN 112.3230
RATIOS & INDEXES
Gold / Silver72.76
Gold / Oil14.78
Dowjones / Gold14.85
COMMODITIES
Copper 3.07-0.01
WTI Oil 79.20-1.32
Nat. Gas 3.890.06
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
In the same category
Case-Shiller: Home Price Declines Accelerate
Published : February 01st, 2012
166 words - Reading time : less than a minute
( 0 vote, 0/5 ) Print article
 
    Comments    
Tweet
Keywords :   Housing Market |

 

 

 

 

Standard and Poor’s reported that the November data for the Case-Shiller Home Price Index indicated further declines, the 20-city index falling 1.3 percent for the second straight month as property values declined in 19 of the 20 cities, also for the second month in a row. On a year-over-year basis, the 20-city index is now down 3.7 percent.

 


 

On a seasonally adjusted basis, home prices were down only 0.7 percent with three cities seeing gains and David M. Blitzer, Chairman of the Index Committee at S&P Indices, was not hopeful when he noted the following:

Despite continued low interest rates and better real GDP growth in the fourth quarter, home prices continue to fall … The trend is down and there are few, if any, signs in the numbers that a turning point is close at hand.

It looks like policy makers in Washington might want to accelerate plans for the next attempt at rescuing the housing market, that is, before prices fall too much further.

 

 

Tweet
Rate :Average note :0 (0 vote)View Top rated
Previous article by
Tim Iacono
All articles by
Tim Iacono
Next article by
Tim Iacono
Receive by mail the latest articles by this author  
Latest comment posted for this article
Be the first to comment
Add your comment
TOP ARTICLES
Editor's picks
RSS feed24hGold Mobile
Gold Data CenterGold & Silver Converter
Gold coins on eBaySilver coins on eBay
Technical AnalysisFundamental Analysis

Tim Iacono

Tim Iacono is the founder of Iacono Research, a subscription service providing market commentary and investment advisory services specializing in commodity based investing.
Tim Iacono ArchiveWebsiteSubscribe to his services
Most recent articles by Tim Iacono
10/22/2014
10/21/2014
10/21/2014
10/20/2014
10/20/2014
All Articles
Comment this article
You must be logged in to comment an article8000 characters max.
 
Sign in
User : Password : Login
Sign In Forgot password?
 
Receive 24hGold's Daily Market Briefing in your inbox. Go here to subscribe or unsubscribe.
Disclaimer