U.S. existing home prices dropped a record 3.5 percent last month, compared with the same month a year earlier, while the total number of residences sold fell 11.5 percent compared with October 2005, according to an industry report released yesterday. -
Home Prices Fell at Record Pace in October
U.S. existing home prices dropped a record 3.5 percent last month, compared with the same month a year earlier, while the total number of residences sold fell 11.5 percent compared with October 2005, according to an industry report released yesterday.-
By Bill Brubaker