US | home prices Home Prices Take Steepest Tumble Since 2000 Housing index fell by 15.3% in April versus a year ago By Newser Editors and Wire Services Posted Jun 24, 2008 10:42 AM CDT Copied A price reduced sign is posted at a home for sale in East Palo Alto, Calif., Monday, May 12, 2008. (AP Photo/Paul Sakuma) US home prices tumbled in April at the fastest rate since the Standard & Poor's/Case-Shiller index started keeping track in 2000, with all 20 metropolitan areas surveyed posting annual declines for the first time. The index fell by 15.3% in April versus a year ago, according to today's report. Prices nationwide are at levels not seen since August 2004. No surveyed city stayed above water, according to the Case-Shiller index. The last holdout, Charlotte, NC, finally succumbed to the national housing downturn, with prices there slipping 0.1% from a year ago. Las Vegas and Miami both continue to post the largest declines, falling 26.8% and 26.7%, respectively. Read These Next Here's where things stand in the House ahead of shutdown vote. DNA break leads to arrest in 1994 Seattle cold case. Dem senator slams US deal on deportees as 'highly unusual.' Trump is responding to MTG's increasing criticism of GOP. Report an error