Home Prices Decline Third Month in a Row

There are no signs yet of a bottom to this housing mess as national home prices decline three straight months in a row, down 5.8 percent quarter over quarter, according to a report released today.

Although the national home price declines have slowed, Clear Capital's November 2010 Home Data Index shows that 13 of the Top 50 metro markets measured have double dipped, up from six reported last month. That means the current price levels of those 13 cities are the lowest they've been since the housing downturn began.