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 Gavin Newsom has filed a massive lawsuit against Fox News. New York Times ranks the best movies of the 21st century. A man has been deported for kicking an airport customs beagle. White House rolls with Trump's 'daddy' nickname. Report an error