Home Prices Plunge in October U.S. home prices fell in October for the 10th consecutive month, posting their largest drop since 1991. The record 6.7 percent slide in the Standard & Poor's/Case-Shiller home price index also marked the 23rd consecutive month that prices either fell or grew more slowly than the month prior.
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Home Prices Plunge in October

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Home Prices Plunge in October

Home Prices Plunge in October

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STEVE INSKEEP, host:

NPR's business news starts with home prices falling - again.

(Soundbite of music)

INSKEEP: We're giving you that same headline all year long because U.S. home prices have fallen now for the 10th consecutive month. A key index released yesterday indicates that single family home prices fell in October by 6.7 percent. That is the largest drop since 1991.

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