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U.S. Home Prices Still Dropping

April 28, 2009 | 11:06 am | by t-blender |
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LAtimes.com: There was more bleak housing news as U.S. home prices continued to fall in February, according to a widely-followed index released today.

Spotting good news these days requires viewing the market not as a glass three-quarters-empty but as a vessel one-quarter-full. Thus the producers of the S&P/Case-Shiller Home Price Indices reported this morning that “for the first time in 16 months, the annual decline did not set a new record.”

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