Home prices slump nationwide in November

Home prices on the S&P Case Shiller home price indices declined from October ,with prices falling 0.26% while the Composite-20 index declined 0.22% over the same period. 

  • close
    A realty sign is posted in front of a home for sale in Jackson, Miss., Thursday, Jan. 8, 2015. Home prices in the US slowed in November, according to the S&P/Case-Shiller index of home prices released Tuesday, Jan. 27, 2015.
    Rogelio V. Solis/AP/File
    View Caption
  • About video ads
    View Caption

Today's release of the S&P/Case-Shiller (CSI) home price indices for November reported that the non-seasonally adjusted Composite-10 price index declined from October with prices falling 0.26% from while the Composite-20 index declined 0.22% over the same period. 

The 10-city composite index increased 4.17% as compared to November 2013 while the 20-city composite increased 4.31% over the same period.

Both of the broad composite indices still show significant peak declines slumping -20.55% for the 10-city national index and -19.42% for the 20-city national index on a peak comparison basis. 

The Christian Science Monitor has assembled a diverse group of the best economy-related bloggers out there. Our guest bloggers are not employed or directed by the Monitor and the views expressed are the bloggers' own, as is responsibility for the content of their blogs. To contact us about a blogger, click here.To add or view a comment on a guest blog, please go to the blogger's own site by clicking on


We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.