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US home prices fall at record pace
The gloom enveloping the US housing market intensified on Tuesday as home prices dropped at the fastest annual rate since records began 20 years ago.
The Standard & Poor’s/Case Shiller national house price index fell 14.1 per cent in the first quarter of this year, compared with the same period a year earlier, a decline that […]
U.S. Has Most Unsold Homes Since ‘85
U.S. Has Most Unsold Homes Since ‘85
Sales of Existing Homes and Median Home Prices Fall Again as Inventory Stays High
WASHINGTON (AP) — Sales of existing homes in the U.S. fell for the eighth time in the past nine months, with the backlog of unsold single-family homes rising to the highest level in more than two […]
US Home Prices Lowest in 17 Years
(WASHINGTON) — U.S. home prices posted their sharpest first-quarter decline since the government began tracking the data 17 years ago.
The Washington-based Office of Federal Housing Enterprise Oversight said Thursday that home prices fell 3.1 percent in the first quarter compared with last year. The index also fell 1.7 percent from the fourth quarter of 2007 […]