Home Prices Crash At Fastest Pace Since Lehman Bankruptcy | ZeroHedge
The housing market is finally getting unglued: less than a week after Case Shiller (which reports home prices with a substantiakl laga) reported the first negative monthly change in home prices... ... today Black Knight confirmed that the US housing market has turned decidedly ugly with the two biggest monthly declines since the global financial crisis. This is a modal window. Beginning of dialog window. Escape will cancel and close the window. End of dialog window. According to a Monday report from mortgage-data provider, median home prices fell 0.98% in August from a month earlier, following a 1.05% drop in July. The two periods marked the largest monthly declines since January 2009. In fact, at the current pace of declines, we may soon see a record drop in home prices, surpassing the largest historical slide hit during the global financial crisis. The report noted that July and August 2022 mark the largest single-month price declines seen since January 2009 and rank among the eight 
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### Response: The housing market is finally getting unglued: less than a week after Case Shiller (which reports home prices with a substantiakl laga) reported the first negative monthly change in home prices... ... today Black Knight confirmed that the US housing market has turned decidedly ugly with the two biggest monthly declines since the global financial crisis. This is a modal window. Beginning of dialog window. Escape will cancel and close the window. End of dialog window. According to a Monday report from mortgage-data provider, median home prices fell 0.98% in August from a month earlier, following a 1.05% drop in July. The two periods marked the largest monthly declines since January 2009. In fact, at the current pace of declines, we may soon see a record drop in home prices, surpassing the largest historical slide hit during the global financial crisis. The report noted that July and August 2022 mark the largest single-month price declines seen since January 2009 and rank among the eight 