"The housing market recession is not yet over, and none of the statistics are indicating any form of sustained recovery," said David M. Blitzer, chairman of the Index Committee at Standard & Poor's.
Home prices falling in most major U.S. cities →
"These shifts suggest that we are back to regional housing markets, rather than a national housing market where everything rose and fell together," said David M. Blitzer, chairman of the S&P's index committee.
Spring buying boosts home prices in U.S. cities →
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