Case-Shiller Home Price Index Tumbles Further in March and Q1

The S&P Case-Shiller home price index for Q1 continued to deteriorate with the 20-city composite index posting a record annual decline of 14.1%. In March, the index also declined by an annualized 14.4%. The Case-Shiller index has fallen every month since peaking in July 2006. "The steep downturn in residential real ...