House prices in U.S. fall to the lowest level since 2002 while U.S. consumer confidence fall too. House prices are low in the first quarter in 2011. With consumer confidence, this will hint us that economy will continue to down and stocks are down either. Since the housing bubble burst in late of year 2006, the home-price index reached to the lowest points.
Standard & Poor's Case-Shiller national home price index of 20 metropolitan areas drop during March declined by 4.2% in the first quarter of 2011 (fell 3.6% in the 4th quarter of year 2010) and fell for 8 months in a row.
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Standard & Poor's Case-Shiller national home price index of 20 metropolitan areas drop during March declined by 4.2% in the first quarter of 2011 (fell 3.6% in the 4th quarter of year 2010) and fell for 8 months in a row.
Read more for seeing other info about....