U.S. home prices fell in October for the tenth straight month , it's the largest monthly drop since early 1991 a wide index showed on Wednesday.
The record 6.7 % drop in the standard and poor/ case Shiller home price index also marked the 23rd consecutive month where prices either grew slowly or decline.
Only three areas Charlotte -Portland Ore, and Seattle -posted year after year home prices
appreciation in October Charlotte posted the largest gains @ 4.3% among the three states .
Charlotte is likely to be saved from declining house prices within the coming few months.
Sunday, January 6, 2008
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