Tuesday, June 30, 2009

NEW YORK (AP) -- A key housing

NEW YORK (AP) -- A key housing index shows a clear trend that home price declines are moderating.

The Standard & Poor's/Case-Shiller index released Tuesday showed home prices in 20 major cities tumbled by 18.1 percent from April 2008. The 10-city index fell 18 percent from the year before.

April, however, marked the third straight month both indexes didn't set record price declines. And yearly losses in 13 metros improved compared to March.

Still, the 20-city index is off almost 33 percent from its peak in the second quarter of 2006, and the 10-city has dropped by almost 34 percent, which means home values are now around 2003-levels.
S&P/ケースシラー住宅価格-4月は08年10月以来(-18.08%)の水準まで下げ幅が縮小した。住宅価格の下落率が縮小していることを確認する内容となった。全米20ヶ所の地点で前月に比べ上昇した地点は、前月の3ヶ所から8ヶ所と増加している。

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