Case Shiller, OFHEO Reports Add to the General Housing Gloom

February 26, 2008 – 8:45 am

Two reports on house prices were released on Tuesday and neither was happy news for homeowners or for the real estate industry.

The S&P/Case Shiller U.S. National Home Price Index showed that the decline in house prices accelerated in the fourth quarter of 2007 with a...

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