tag:blogger.com,1999:blog-4858799514038765996.post-87178201768119087972007-12-26T11:25:00.000-08:002008-05-16T12:24:01.733-07:00October home prices post record declineNEW YORK - U.S. home prices fell in October for the 10th consecutive month, posting their largest monthly drop since early 1991, a widely watched index showed on Wednesday.<br /><br />The record 6.7 percent drop in the Standard & Poor's/Case-Shiller home price index also marked the 23rd consecutive month prices either grew more slowly or declined.<br /><br />"No matter how you look at these data, it is obvious that the current state of the single-family housing market remains grim," said Robert Shiller, who helped create the index, in a statement.<br /><br />To read more of this article go to:<br />http://www.msnbc.msn.com/id/22397888/Hollyhttp://www.blogger.com/profile/17227943709672786805noreply@blogger.com