Nationwide there’s still not much bright news about the real estate market as the latest Standard & Poor’s/Case-Shiller composite index of home prices shows. From October to November, the 20-metropolitan area composite snapshot shows prices fell 0.5 percent (seasonally adjusted). For 2010 , the index shows prices off 1.6 percent. New low “peaks” are expected, judging by the trend.
That said, Boston did not fare too bad. Prices only fell 0.2 percent from October to November (seasonally adjusted). That’s tiny — only three other cities had smaller price declines. For a 1-year change (Nov. to Nov.), Boston prices only fell 0.8 percent — again only three other cities fared better.