case shiller index

Of the 20 cities in the Standard & Poors/Case-Shiller Index, fewer than half of them saw prices rise in October compared to a month earlier.

Why was the index basically flat after five months of gains? Amy Scott reports.

The Standard & Poor’s/Case-Shiller index of home prices dropped 18.6 percent from February 2008. For the first time in 16 months, the decline was not a record.