Unrelenting Decline in US Home Prices

May 26, 2009 by MHI  
Filed under Economic Crisis, U.S. News Tags: ,

By Andrew Kliman.

The latest Case-Shiller home price figures, which came out this morning, indicate that home prices in the US fell by an average of 2.2% in March. Home prices have now fallen at just about this rate (between 1.9% and 2.2%) for seven months in a row; the pace of decline isĀ not slowing down (see Figure 1). Read More