US house price slump worsens

The decline in US home prices, blamed for causing international monetary turmoil, accelerated in July, latest figures show.

US house price slump worsens
Tue, 25 Sep, 2007 - 16:29

The decline in US home prices, blamed for causing international monetary turmoil, accelerated in July, latest figures show.

The crisis has seen the steepest drop in 16 years, according to the S&P/Case-Shiller home price index released today.

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