but stocks are rising following the open anyway. The Fed is money printing again today.
from Fox Business:
Prices of single-family homes in September fell more than twice as fast as expected from the prior month, while prices compared to a year earlier rose more slowly than forecast, according a widely watched index of U.S. home prices released on Tuesday.
The Standard & Poor's/Case-Shiller composite index of 20 metropolitan areas declined 0.8% in September from August on a seasonally adjusted basis.
Economists polled by Reuters had expected a decline of 0.3%.
S&P, which publishes the indexes, also said home prices in the 20 cities index rose 0.6% from September 2009, slower than the 1.1% expected.
