CoreLogic's U.S. home price index fell to a new post-bubble low in February, as prices fell 2%...

|By:, SA News Editor

CoreLogic's U.S. home price index fell to a new post-bubble low in February, as prices fell 2% Y/Y and 0.8% M/M for the seventh straight monthly decline. But the pace of decline slowed, "a first step toward ultimately growing again,” CoreLogic's Mark Fleming says. “Excluding distressed sales, we already see modest price appreciation month over month in January and February.”