US house price fall and fall

US house price fall and fall

The latest stats from the S&P/Case-Shiller Home Price Indices show that US house prices are continuing to fall apace – down a further 2% in March 2008 across the top 20 metropolitan areas.

This makes a continuous line of house price falls from August 2006 producing a total fall in house prices of about 17% and there is little sign that the fall stops here.

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