Author Topic: S&P: Home prices drop by record amount in 2Q  (Read 473 times)

Hugo Chavez

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S&P: Home prices drop by record amount in 2Q
« on: August 29, 2008, 09:42:06 AM »
Private housing index shows home prices tumbling by record amount nationwide in June


NEW YORK (AP) -- A widely watched index released Tuesday showed home prices dropping by the sharpest rate ever in the second quarter, but the data for June suggest the severity of the housing slump may be waning.

http://biz.yahoo.com/ap/080826/home_prices.html?.v=5