Nationwide

84 Percent of Nation’s Housing Market Sees Prices Decline in Q1 

Widespread price declines characterized much of the nation’s housing market in the first quarter, with single-family home prices dropping at a steep 6.7 percent annualized rate according to a report issued Monday afternoon by economic and financial analysis firm Global Insight, Inc. The first-quarter drop was the third straight quarterly decline in housing prices, according to the company’s research.