Home prices in 10 cities drop a record in Nov: S&P
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Home prices in 10 major metropolitan areas fell a record 8.4 percent in the year through November, suggesting the housing slump is worsening, according to a Standard & Poor index released on Tuesday.
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Property prices fell further in November, while the time it took to sell a property lengthened, a survey finds.
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Sales of existing homes fell in May to the lowest level in four years while the median home price dropped for a record 10th consecutive month.
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HOUSE prices are falling at their fastest rate for nine years, according to one of the country&#39;s most influential property studies.
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Weakness in the U.S. housing market showed no signs of abating through the end of 2006 as sales slid in 40 states and prices dropped in metro regions with major price gains in recent years, a real estate trade association said on Thursday.
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Sales of previously owned homes in November posted their best month on record as low mortgage rates enticed buyers to live the American dream.
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Weakness in the U.S. housing market  showed no signs of abating through the end of 2006 as sales  slid in 40 states and prices dropped in metro regions with  major price gains in recent years, a real estate trade  association said on Thursday.
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Home prices declined a record 6.7 percent in October compared with a year ago, according to a price index.
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New applications for U.S. home loans  dropped more than 9 percent last week even as average 30-year  mortgage rates also eased from the previous week, an industry  group said on Wednesday.
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Prices for single-family homes fell in more than half of the nationâs biggest metropolitan areas in the last three months of 2006.
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The number of housing units on which builders began work plunged 13.1 percent in November from the previous month, the biggest monthly drop in nearly 11 years, according to the Commerce Department.
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Applications for home mortgages  tumbled last week as short-term interest rates soared and  refinancing requests fell back to November levels, an industry  group said on Wednesday.
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Sales of existing homes in the  United States fell by 3.3 percent in December from a record  high in November, a trade association report showed on Tuesday.
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A new read on foreclosure filings showed a double-digit drop for November, but don't expect the slowdown to last.
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The number of homes listed for sale in 18 major U.S. metropolitan areas at the end of November was down 4 percent from a month earlier, the Wall Street Journal reported on its Web site on Tuesday.
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Applications for U.S. home mortgages dropped last week as refinancing and purchasing activity slumped in a holiday shortened week, an industry group said on Wednesday.
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Prices of existing U.S. single-family homes fell in the first quarter from a year earlier for the first time since 1991, the Standard & Poor's/Case Shiller national home price index reported on Tuesday.