Monday, December 5, 2011

September home prices dip 1.2% in LPS home price index

September home prices dip 1.2% in LPS home price index: Home prices dipped 1.2% in September, and partial data for October suggest prices dropped about 1.1% that month, consistent with seasonal declines, according to Lender Processing Services (LPS: 19.17 +1.48%).
To date, the LPS home price index has reflected a 3.7% annual drop in prices. The index summarizes home price trends nationwide by tracking monthly sales [...]

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