FNC Index: December Home Prices Hit Record Low
admin2011-02-22T04:45:05-07:00February 22, 2011 (Chris Moore) Driven in part by rising sales of distressed properties and higher foreclosure-sales discounts, home prices declined for the seventh straight month in December and suffered their largest one-month drop during the year according to FNC’s recently released Residential Price Index (PRI). According to the RPI, 2010 year end prices declined [...]