Home prices post biggest annual drop in Oct: S&P
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Prices of existing U.S. single-family homes recorded their biggest annual drop in October, suggesting the housing slump is far from over, a national home price gauge released on Wednesday shows.
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The price of existing homes sold in October fell for the third straight month and posted the biggest drop on record, an industry group said Tuesday, adding it expects weakness in pricing to drag on into next year.
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New orders at U.S. factories fell  4.7 percent in October, the biggest fall in more than six years  and marking the third drop in four months, while inventories  rose again suggesting growing slack in the economy, a  government report said on Tuesday.
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Sales of existing US homes fell by 12.8% last year, the biggest decline in 25 years, figures show.
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House prices suffered their worst  decline since at least 1987 in the second quarter from a year  earlier as the housing downturn has deepened, according to the  S&P/Case-Shiller U.S. National Home Price Index.
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WASHINGTON -- Sales of existing homes posted a tiny increase in October, the first gain in eight months, but the median price of homes sold last month fell by a record amount.
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U.S. housing starts unexpectedly plummeted 13.1 percent last month, the biggest dive in nearly 11 years, as groundbreaking activity fell sharply across the nation, a government report showed on Thursday.
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Home prices fell 6.7 percent in October, compared with a year ago, according to the S&P/Case-Shiller 10-city home-price index, a record drop as housing markets continued to deteriorate.
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U.S. housing starts unexpectedly  plummeted 13.1 percent last month, the biggest dive in nearly  11 years, as groundbreaking activity fell sharply across the  nation, a government report showed on Thursday.
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Business & money: House price inflation eased last month to its slowest pace in a year.
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OTTAWA (CP) - Housing starts fell in October to a seasonally adjusted annual rate of 225,000 units from 237,900 in September, Canada Mortgage and Housing Corp.
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Halifax says price of average home fell 1.1 per cent last month. Bank not expected to act until next year. By Philip Thornton, Economics Correspondent.
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House prices fell at their sharpest rate in four years in October, the Halifax bank says, in another sign that the property boom is over and that interest rates could already have peaked.
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Prices of homes sold in December registered the biggest year-over-year decline on record, according to an industry trade group, and 2007 is the first year on record that has seen a drop. A report issued Thursday showed the problems in the housing market have not yet bottomed out.
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The price of existing homes in the 10 largest US cities fell by 0.6% in July, the biggest fall in 16 years, a survey says.
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Sales of new homes plunged in August and prices posted their biggest year-on-year drop in nearly 37 years, the U.S. Commerce Department said on Thursday, underlining the depth of problems facing the housing sector.
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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.