Home Ownership Rates Drop as the Slump in Housing Continues

Data available through the first quarter of 2011 from the Case-Shiller Home Price Index explains home values countrywide have dropped by 4.2% during the 1st quarter of 2011, after dropping 3.6% in the 4th quarter of 2010. The index hit a new low with the first quarter’s data and posted a yearly drop of 5.1% [...]