Home Prices Decline

Standard & Poor's Case-Shiller composite index, which tracks single-family home prices in 20 metropolitan areas, decreased by 0.7 percent from October 2011 to November 2011 and was down 3.7 percent from November 2010. That leaves the average home price at roughly the same prices as 2003. Of the 20 cities that were tracked, 19 showed lower prices. The worst area was Atlanta, with an almost 12 percent decline. Tampa, Seattle and Las Vegas also saw decreases. Phoenix was the one city to show a price increase.