Home prices fall hard in Phoenix, S.F.

Real estate sales, price reports show some record-low activity

LIVE NOW: Inman Connect San Francisco
Tune-in now to catch the livestream. Don't miss this chance to see real estate leaders tackle the industry's top problems.

An index measuring the price per square foot of homes in 25 U.S. metro areas declined in every location except Milwaukee in November 2008 compared to November 2007.

Several other price and sales reports reveal a pattern of record-low activity in some market metrics as the housing market crawls through one of the slowest periods since the Great Depression.