Home prices around the country dropped in March to the lowest level since 2003, falling 3.6 percent from March of 2010, according to the S&P/Case-Shiller Home Prices Index.

The year-over-year decline for March was the most since November 2009. The depression in the housing market continues to look likely with a backlog of foreclosures, strict lending policies and unemployment at 9 percent. Only one of the 20 cities that make up the 20-City Composite of metropolitan areas saw house prices rise on an annual basis. Washington D.C.’s home prices grew 4.3 percent between March of 2010 and March of 2011. Minneapolis led the slump with a 10 percent drop.

“Home prices continue on their downward spiral with no relief in sight,” said David Blitzer, chairman of the index committee at S&P, in a statement. The S&P/Case-Shiller Home Price Indices come out the last Tuesday of every month and are published with a two-month lag.

Read on to see how each city in the 20-City Composite fared in February.

Editor’s Note: All data is from Standard & Poor’s Case-Shiller index of home values.
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Home prices around the country dropped in March to the lowest level since 2003, falling 3.6 percent from March of 2010, according to the S&P/Case-Shiller Home Prices Index.

The year-over-year decline for March was the most since November 2009. The depression in the housing market continues to look likely with a backlog of foreclosures, strict lending policies and unemployment at 9 percent. Only one of the 20 cities that make up the 20-City Composite of metropolitan areas saw house prices rise on an annual basis. Washington D.C.’s home prices grew 4.3 percent between March of 2010 and March of 2011. Minneapolis led the slump with a 10 percent drop.

“Home prices continue on their downward spiral with no relief in sight,” said David Blitzer, chairman of the index committee at S&P, in a statement. The S&P/Case-Shiller Home Price Indices come out the last Tuesday of every month and are published with a two-month lag.

Read on to see how each city in the 20-City Composite fared in February.

Editor’s Note: All data is from Standard & Poor’s Case-Shiller index of home values.
Getty Images

S&P/Case-Shiller Index March 2011

S&P/Case-Shiller for March 2011
S&P/Case-Shiller for March 2011
Home prices around the country dropped in March to the lowest level since 2003, falling 3.6 percent from March of 2010, according to the S&P/Case-Shiller Home Prices Index.

The year-over-year decline for March was the most since November 2009. The depression in the housing market continues to look likely with a backlog of foreclosures, strict lending policies and unemployment at 9 percent. Only one of the 20 cities that make up the 20-City Composite of metropolitan areas saw house prices rise on an annual basis. Washington D.C.’s home prices grew 4.3 percent between March of 2010 and March of 2011. Minneapolis led the slump with a 10 percent drop.

“Home prices continue on their downward spiral with no relief in sight,” said David Blitzer, chairman of the index committee at S&P, in a statement. The S&P/Case-Shiller Home Price Indices come out the last Tuesday of every month and are published with a two-month lag.

Read on to see how each city in the 20-City Composite fared in February.

Editor’s Note: All data is from Standard & Poor’s Case-Shiller index of home values.
Getty Images
Atlanta Home Prices
Atlanta Home Prices
Monthly Change: -1.9 percent
Yearly Change: -5.2 percent
National: 71 percent*

* Home prices in cities as a percent of the national average.
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Boston Home Prices
Boston Home Prices
Monthly Change: -1.7 percent
Yearly Change: -2.7 percent
National: 107 percent
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Charlotte Home Prices
Charlotte Home Prices
Monthly Change: -2.4 percent
Yearly Change: -6.8 percent
National: 77 percent
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Chicago Home Prices
Chicago Home Prices
Monthly Change: -2.4 percent
Yearly Change: -7.6 percent
National: 80 percent
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Cleveland Home Prices
Cleveland Home Prices
Monthly Change: -1.8 percent
Yearly Change: -6.3 percent
National: 70 percent
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Dallas Home Prices
Dallas Home Prices
Monthly Change: -0.8 percent
Yearly Change: -2.5 percent
National: 82 percent
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Denver Home Prices
Denver Home Prices
Monthly Change: -0.6 percent
Yearly Change: -3.8 percent
National: 87 percent
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Detroit Home Prices
Detroit Home Prices
Monthly Change: -2 percent
Yearly Change: -0.9 percent
National: 49 percent
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Las Vegas Home Prices
Las Vegas Home Prices
Monthly Change: -1.1 percent
Yearly Change: -5.3 percent
National: 70 percent
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Los Angeles Home Prices
Los Angeles Home Prices
Monthly Change: -0.3 percent
Yearly Change: -1.7 percent
National: 121 percent
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Miami Home Prices
Miami Home Prices
Monthly Change: -0.8 percent
Yearly Change: -6.1 percent
National: 99 percent
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Minneapolis Home Prices
Minneapolis Home Prices
Monthly Change: -3.7 percent
Yearly Change: -10 percent
National: 76 percent
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New York City Home Prices
New York City Home Prices
Monthly Change: -0.9 percent
Yearly Change: -3.4 percent
National: 118 percent
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Phoenix Home Prices
Phoenix Home Prices
Monthly Change: -0.5 percent
Yearly Change: -8.4 percent
National: 73 percent
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Portland Home Prices
Portland Home Prices
Monthly Change: -0.7 percent
Yearly Change: -7.6 percent
National: 96 percent
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San Diego Home Prices
San Diego Home Prices
Monthly Change: -0.8 percent
Yearly Change: -4 percent
National: 111 percent
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San Francisco Home Prices
San Francisco Home Prices
Monthly Change: -0.1 percent
Yearly Change: -5.1 percent
National: 94 percent
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Seattle Home Prices
Seattle Home Prices
Monthly Change: 0.1 percent
Yearly Change: -7.5 percent
National: 96 percent
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Tampa  Home Prices
Tampa Home Prices
Monthly Change: -0.7 percent
Yearly Change: -6.9 percent
National: 92 percent
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Washington D.C. Home Prices
Washington D.C. Home Prices
Monthly Change: 1.1 percent
Yearly Change: 4.3 percent
National: 132 percent
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