Home prices fell 16.6% in August from a year ago, in line with forecasts, after a 16.3% decrease...

|By:, SA News Editor
Home prices fell 16.6% in August from a year ago, in line with forecasts, after a 16.3% decrease in July. It's the 20th straight monthly drop in the S&P/Case-Shiller index. Sales of distressed properties accounted for 35-40% of the month's total.