Home prices fall at record pace in first quarter

National home prices are at levels not seen since the end of 2002, but a closer look at data released Tuesday shows the worst may be over for some cities.

U.S. Housing Starts Drop to Record-Low 458,000 Pace

May 19 (Bloomberg) -- Builders broke ground on the fewest homes on record in April as a plunge in work on condominiums and apartment buildings overwhelmed the second straight gain in starts on single-family properties.

U.S. Homebuilder Confidence Rises to Eight-Month High

May 18 (Bloomberg) -- Confidence among U.S. homebuilders in May increased to the highest level since September, providing further evidence that the housing slump that started in 2006 may be closer to a floor.

U.S. Pending Home Resales Increase for a Second Month

May 4 (Bloomberg) -- The number of Americans signing contracts to buy previously owned homes jumped in March for the first back-to-back gain in almost a year, reinforcing signs that the housing slump in its fourth year may be near a bottom.

U.S. Economy: Existing Home Sales Hover Near Four-Month Average; Prices Increase

April 23 (Bloomberg) -- Sales of existing U.S. homes in March stayed near a four-month average, and prices rose from February, a sign the housing recession has stopped getting worse.

U.S. MONTHLY HOUSE PRICE INDEX ESTIMATES 0.7 PERCENT PRICE INCREASE FROM JANUARY TO FEBRUARY

WASHINGTON, DC – U.S. home prices rose 0.7 percent on a seasonally-adjusted basis
from January to February, according to the Federal Housing Finance Agency’s monthly
House Price Index.

Home Prices Drop 6.5% in February as Mortgage Rates Fuel Demand

April 22 (Bloomberg) -- U.S. home prices fell 6.5 percent in February from a year earlier, the second-smallest drop in six months...