Case Shiller Home Price Index Declines by Record Annual Levels in April

The S&P Case-Shiller home price index continued to deteriorate in April as the 20-city composite index posted a record annual decline of 15.3%. The Case-Shiller index has fallen every month since peaking in July 2006. The month-to-month decline in home prices was 1.36%, compared to the 2.17% loss in the previous ...