Thursday, May 24, 2012
U.S. home prices still falling, but not quite as steeply
S & P/Case-Shiller index shows a decline of 18% in April from a year earlier. The January year-to-year drop was 19%. In the L.A. area, prices fell 21% from April to April; the January drop was 25%.
U.S. home prices continued to fall sharply in April but are no longer doing so at a record-breaking pace, according to a widely followed index released Tuesday.
U.S. home prices still falling, but not quite as steeply
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