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 A family hike took a tragic turn in Arkansas on Saturday. Delta pilot arrested moments after landing plane. Multiple people shot at Reno casino. Latest hot car death victim was in Alabama state custody. Report an error