The 28-county metropolitan Atlanta region continued to stand out as the worst performer in the index, with home prices tumbling close to 12 percent from the previous November. In addition to Atlanta, home prices in Las Vegas, Seattle and Tampa all hit new lows in November.

Of the 20 cities traced by the index, home prices fell in 19 in November; only Phoenix had higher prices from the month before. On an annual basis, only Detroit and Washington experienced price rises.

Image Credit... The New York Times

“Despite continued low interest rates and better real G.D.P. growth in the fourth quarter, home prices continue to fall,” David Blitzer, chairman of the index committee at Standard & Poor’s, said in a statement.

“The trend is down and there are few, if any, signs in the numbers that a turning point is close at hand.”