1.0link115562<![CDATA[Home Prices Plunge Record 15.8 Percent In May]]>http://www.huffingtonpost.com/2008/07/29/home-prices-plunge-record_n_115562.htmlNEW YORK — Home prices tumbled by the steepest rate ever in May, according to a closely watched housing index released Tuesday, as the housing slump deepened nationwide.
The Standard & Poor's/Case-Shiller 20-city index dropped by 15.8 percent in May compared with a year ago, a record decline since its inception in 2000. The 10-city index plunged 16.9 percent, its biggest decline in its 21-year history.