S&P: 3Q Home Prices Fall by 4.5 Percent

Tuesday November 27, 9:52 am ET
NEW YORK (AP) -- U.S. home prices fell 4.5 percent in the third quarter from a year earlier, the sharpest drop since Standard & Poor's began its nationwide housing index in 1987 and another sign that the housing slump is far from over, the research group said Tuesday .
The index also showed that prices fell 1.7 percent from the previous three-month period, the largest