Home Prices Drop To Lowest Level Since 2006
CHICAGO, IL – MAY 31: A “For Sale” sign stands in front of a house on May 31, 2011 in Chicago, Illinois. According to the Standard & Poor’s Case-Shiller Home Price Index home prices fell in March in 18 of the 20 metropolitan areas monitored by the index, reaching their lowest levels since the housing bubble burst in 2006. In Chicago, were nearly 30 percent of homes offered for sale are bank owned, prices have fallen 7.6 percent from a year ago. (Photo by Scott Olson/Getty Images)