AP
Home Prices Fall for 9th Straight Month
Friday May 25, 10:10 am ET
By Martin Crutsinger, AP Economics Writer
Sales of Existing Homes Fall to the Slowest Pace in Nearly 4 Years
WASHINGTON (AP) — Sales of existing homes fell by a larger-than-expected amount in April while the median price of a home sold during the month fell for a ninth straight month as the troubles in the subprime mortgage market acted as a further drag on housing.
