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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 […]
Home Resales and Prices Decline
The backlog of unsold homes continued to pile up in January, a sign that home prices will continue to drop as would-be buyers hold out for better deals.
Sales of previously owned homes fell for the sixth consecutive month, dropping 0.4 percent, to an annual rate of 4.89 million, the National Association of Realtors said on […]