Phoenix housing prices dropped by 2.0% over the year in September based on the S&P Cotality Case-Shiller indices. It was not alone, as 11 of the 20 cities in the indices registered a drop in house prices over the year. Nationally, house prices were up 1.3% in September compared to 1.4% in August. The 20-city composite had an annual gain of 1.4%, down from 1.6% the previous month. Chicago was the metropolitan area with the largest increase in house prices year-over-year, at 5.5%, followed by New York at 5.2% and Boston at 4.1%. At the other end of the spectrum, Tampa reported the most noteworthy decrease in prices at -4.1%, followed by Phoenix at -2.0%, and Dallas at -1.3%. This reverses a trend from the last few years when Florida, Texas, and Arizona were among the states with the bigges

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