Home Prices in 20 U.S. Cities Fell by a Record 19%

03-31-2009 • Bloomberg

Home prices in 20 U.S. cities fell 19 percent in January from a year earlier, the fastest drop on record, as demand plummeted and foreclosures rose. The S&P/Case-Shiller index’s decrease was more than forecast and compares with an 18.6 percent decrea