Decline in home prices continued for the first half of 2008 as S&P reported data through June 2008 for its S&P Case-Shiller 1 Home Price Index, a measure of U.S. housing market. Home price declines have prevailed throughout 2007 and the trend continues in 2008.
The decline in the index remained in double digits. With a [...]
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Broad declines in home prices continue
Home price declines continue for 23 straight months:S&P
S&Ptoday released May numbers for the Case-Shiller Home Price Index, a measure of U.S. home prices. According to the latest numbers, May 2008 was worse that previous numbers for April indicating a continued downward trend in the real-estate market.
All the 20 Metros’ in the index posted annual declines, nine of which are posting record lows [...]
World markets continue gains in May
The S&P world by numbers index showed second consecutive month of gains breaking the previous pattern of gain in a month followed by decline in the next. Emerging world equity markets gained 2.34% in May, while developed world markets returned 1.85%.
Nine of the ten sectors scored gains in May, with the Financials sector the lone [...]
Home price declines continue says S&P for Q1 2008
According to the S&P Case-Schiller home price index, home prices continued their decline from 2007 into Q1 2008. The index is published monthly with a two month lag and on the last Tuesday of every month.
The decline in the Index – which covers all nine U.S. census divisions – reached well into double digits, recording [...]
S&P 500 Q1 Earnings Down 25.9%
According to preliminary figures released today by Standard & Poor’s Index Services, first quarter 2008 operating earnings for the S&P 500 declined 25.9% over the first quarter of 2007, marking the third consecutive quarter the index has reported declining earnings — an event not seen since the fourth quarter of 2001.
With [...]
World Markets bounce back in April
The Standard and Poor’s “World by Numbers” showed a strong jump for April after sharp declines in the first Quarter of the Year. The Emerging and Developed equity markets dropped 10.56% and 8.95% respectively during the first three months of the year. Rising commodity prices, falling dollar and the percieved impact of a US recession [...]
May 7th, 2008 | ash | Comments | ContinuedS&P reports steep decline in home prices for February
Data released by S&P for February saw a significant decline in home prices for 17 out of the 20 MSA’s ( Metro politan Statistical Areas ) which are in it’s S&P/Case-Shiller Home Price Index, a leading indicator of the U.S. housing market. Both the 10 city and 20 city index have shown declines in [...]
April 29th, 2008 | rp | Comments | Continued
