Home prices fell in May: S&P/Case Shiller

(Reuters) - The composite month-over-month Standard & Poor's/Case-Shiller Home Price Index of 20 metro areas also showed a 0.2 percent drop, to a 200.04 reading, or a 2.8 percent year-over-year loss.




"At a national level, declines in annual home price returns are showing no signs of a slowdown or turnaround," Robert J. Shiller, chief economist at MacroMarkets LLC, said in the release.


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UPDATE 2-U.S. home prices fell in April-S&P/Case Shiller

(Reuters) - "A review of the decline in home price returns on a
regional level shows no region is immune to the weakening price
returns," Robert Shiller, chief economist at MacroMarkets LLC,
said in an S&P news release.




The composite month-over-month index of 20 metropolitan
areas fell 0.2 percent to 200.45 in April from March, bringing
the measure down 2.1 percent from April 2006.


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