Home Prices in 20 U.S. Cities Declined 16.3% in July

Sept. 30 (Bloomberg) — House prices in 20 U.S. cities declined in July at the fastest pace on record, signaling the worst housing recession in a generation had yet to trough even before this month’s credit crisis.

» Home Prices in 20 U.S. Cities Declined 16.3% in July – Bloomberg, 30th September 2008