Tuesday, August 26, 2008

Case-Shiller U.S. Home Price Index Declines by 15.4% in Q2

The S&P Case-Shiller U.S. home price index fell less than expected in the second-quarter as the 20-city composite index posted an annual decline of 15.38%, up from a 14.22% decline in the first quarter. The Case-Shiller index has fallen every month since peaking in July 2006, but economists say the ...

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