published Wednesday, February 1st, 2012

U.S. housing prices fall more

The U.S. market for single-family homes continued to wobble, with prices declining again in November, nearly six years after they began to fall, a private report showed on Tuesday.

Single-family house prices in a group of 20 metropolitan areas tracked by the Standard & Poor's Case-Shiller composite index fell by close to 0.7 percent from October, and were down by 3.7 percent from November 2010, worse than the 3.4 percent annual decline seen in October.

Average home prices were back down to levels last seen in mid-2003, the index showed.

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