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Article: HUB HOMES NOT HIT `BAD'.(Business)
- Article from:
- The Boston Herald
- Article date:
- December 31, 2008
- Author:
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Copyright informationCOPYRIGHT 2008 Boston Herald. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: JAY FITZGERALD
If misery loves company, then battered Boston-area homeowners are going to love the latest housing-price data released yesterday.
The S&P Case-Shiller Home Price Index shows that single-family home prices in the country's 20 largest metropolitan markets fell 18 percent in October, compared to the year prior, setting another record and knocking back prices to their March 2004 levels.
Phoenix, Las Vegas and San Francisco all saw declines of more than 30 percent, while other cities saw their declines enter the double-digit percentage territory for the first time.
But Boston didn't get hit as bad, as prices fell by only 6 percent for the ...
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