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U.S. home prices fell in October for the 10th consecutive month, fell by record amount

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Liberal_in_LA Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-26-07 04:34 PM
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U.S. home prices fell in October for the 10th consecutive month, fell by record amount
http://www.latimes.com/business/la-fi-homeprices27dec27,0,4303606.story?coll=la-home-center

U.S. home prices fall by a record in October

10:20 AM PST, December 26, 2007
NEW YORK -- U.S. home prices fell in October for the 10th consecutive month, posting their largest monthly drop since early 1991, a widely watched index showed today.

The record 6.7 percent drop in the Standard & Poor's/Case-Shiller home price index also marked the 23rd consecutive month prices either grew more slowly or declined.

"No matter how you look at these data, it is obvious that the current state of the single-family housing market remains grim," said Robert Shiller, who helped create the index, in a statement.
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-26-07 04:52 PM
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1. here it comes
are you ready?
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