U.S. Home Prices Declined 1.6% from a Year Earlier
January 25, 2011 at 11:19 AM EST
U.S. single-family home prices fell for a fifth straight month in November and could plumb to new lows soon, a closely watched survey showed on Tuesday. The S&P’s/Case-Shiller composite index of 20 metropolitan areas declined 0.5% in November from October on a seasonally adjusted basis, though it was not as sharp as the 0.8% fall [...]
