Home prices show first annual fall in 11 years
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The pace of existing home sales in   the United States fell for a fifth straight month in August and   prices dropped from year-ago levels for the first time in 11   years, a U.S. realtors group said on Monday.
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Average U.S. home prices rose 7.73  percent over the 12 months to September 30, but the  quarter-to-quarter gain was the lowest since 1998 and indicates  a sharp deceleration in house price gains, the U.S. Office of  Federal Housing Enterprise Oversight reported Thursday.
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Property prices are falling at rates not seen since the 1990s housing recession, warn surveyors.
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WASHINGTON - Sales of existing homes plunged a record amount in September while median home prices dropped by the largest amount in nearly a year, reflecting deepening problems in the troubled housing market.
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Record levels of debt and falling home prices may mean Americans will now spend less, save more.
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The pace of existing home sales fell sharply in August to a 5.5 million-unit annual rate while single-family home inventories grew to their highest level in 18 years, the National Association of Realtors said in a report on Tuesday.
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Home prices in 10 major metropolitan areas fell by a record 8.4 percent in the year through November, Standard & Poor's said on Tuesday.
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House prices across the nation declined by 3.2 percent in the second quarter from a year earlier, suggesting the housing downturn has deepened, according to the S&P/Case-Shiller U.S. National Home Price Index.
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Business & money: House prices have dropped for the first time in two years, adding to worries of unstable market.
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New home sales posted the biggest drop on record in 2007, according to the government's latest look at the battered housing market released Monday, as a year that saw a meltdown in the mortgage market and a drop in home values ended with yet more signs of weakness.
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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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The house price boom has ended with values falling by their steepest for almost a decade, according to a national survey. The Royal Institute of Chartered Surveyors says the decline in prices is the biggest
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Sales of existing US homes fell 8% in September, the biggest decline in 16 years, a report shows.
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Business & money: Figures show sharpest fall for almost two years as trouble in the US housing market starts to spread and weigh down on consumer spending.
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UK house prices fall by 0.4% in October, the Nationwide building society says, the biggest decline since February 2001.
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NEW YORK -- U.S. home prices fell 3.2 percent in the second quarter, the steepest rate of decline since Standard & Poor's began its nationwide housing index in 1987, the group said Tuesday.
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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 showed.