In the 20-city S&P/Case-Shiller Home Price Indices survey released this morning, the nation’s average prices fell over 6% from one year ago BUT Seattle experienced an increase of 3.3% along with Portland (1.9%) and Charlotte (4.3%).
Out of the 17 cities showing declines, Miami sits at a 12.4% decrease while Tampa (11.8%), Detroit (11.2%), San Diego (11.1%), Las Vegas (10.7%) and Phoenix (10.6%) follow close behind.