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Case-Shiller: Tampa home prices down 3.6 percent from last year

The housing market remains sluggish, with home prices in major metros down 3.2 percent in the first quarter of 2010, according to the latest S&P/Case-Shiller Home Price index.

The index, which measures home prices in 20 metro areas, found prices have rebounded in many areas from crisis lows, but remain weak amid a climate of ending tax incentives and climbing foreclosures.

Tampa was among eight metro areas to pose a new index low in March. Tampa prices were down 3.6 percent from a year ago and down a fraction, 0.1 percent, from February to March.

Case-Shiller: Tampa home prices down 3.6 percent from last year 05/25/10 [Last modified: Tuesday, May 25, 2010 6:57pm]
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