The United States January 20 large and medium-sized cities in average house prices fall

Xinhua net Washington March 29-us standard &poor's 29 of the case-issued by friedrich Schiller index showed prices,LED Lamps in January this year the United States 20 large and medium-sized cities in average house prices continue to fall, that the United States is still faced pressure to real estate recovery. The data shows, in January, the United States 20 large and medium-sized cities in house prices fell by 1.0% month-on-month, 3.1% year-on-year drop. That month, 20 large and medium-sized cities in the United States, only Washington area rose 3.6% year-on-year in house prices,Audio Video Cables the San Diego area house prices increased by 0.1% year-on-year micro, the rest of the 18 city and its surrounding areas are home prices dip, 11 of which city house prices hit from 2006 to 2007 was the lowest since the peak. Standard &poor's index committee chairman, David cloth for the said: "American house prices continues the declines in at the end of 2010, also let us see the bounce of the hope in the near future." Analysts believe that the unemployment rate remains high, the purchase by preferential policies expire,mobile chargers housing check for high rate and other factors, the American real estate recovery underpowered, now still continued price falls amount of lag disadvantaged situation. Keith-Schiller house prices index by the economist Karl case and Robert Schiller people development, it reflects the 20 major cities a single-family home price changes, it is to measure the real estate price of an important index. The index covers the 20 big in the city and its surrounding areas house prices, including phoenix, Los Angeles, San Diego, San Francisco, Denver, Washington, Miami and Tampa, Atlanta, Chicago, Boston, Detroit, Minneapolis, charlotte, Las Vegas, New York, Cleveland, Portland, Dallas and Seattle.