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

Liberal_in_LA

(1000+ posts) Send PM | Profile | Ignore

Wed Dec-26-07 04:34 PM
Original message

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.

Printer Friendly | Permalink | | Top

ixion

(1000+ posts) Send PM | Profile | Ignore

Wed Dec-26-07 04:52 PM
Response to Original message

1. here it comes

are you ready?

Printer Friendly | Permalink | | Top

DU AdBot (1000+ posts)

Thu Dec 26th 2024, 03:03 PM
Response to Original message

Advertisements [?]

Top

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.