UNEXPECTEDLY: Case-Shiller home price index falls. “Home prices in the U.S. fell for the fifth month in a row in January to the lowest level since early 2003, a closely followed index showed on Tuesday. The S&P/Case-Shiller 20-city composite index fell 0.8%. The three-month rolling index includes transactions that took place from November to January. Over the past 12 months, prices have dropped 3.8%.”
InstaPundit is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.