Home prices decline for 3 months in a row 
CoreLogic: Prospect for 2011 recovery fades
By Inman News, Thursday, December 16, 2010.October home prices fell for the third straight month, according to an index maintained by mortgage data aggregator CoreLogic.
The 3.93 percent year-over-year decline in the CoreLogic Home Price Index was significantly greater than the 2.43 percent slip registered in September, and left home prices down 30.2 percent from their April 2006 peak.
Excluding distressed sales, national home prices were down 1.5 percent in October 2010 compared to a year ago, with a 20.9 percent decline from peak.
more...
Copyright 2010 Inman News
All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.
