Housing prices continue to decline. "Here's a list of the 20 cities in the Case-Shiller index with the annual decline through May: Las Vegas, down 28.4%; Miami, down 28.3%; Phoenix, down 26.5%; Los Angeles, down 24.5%; San Diego, down 23.2%; San Francisco, down 22.9%; Tampa, down 20.2%; Detroit, down 17.4%; Washington, down 15.4%; Minneapolis, down 14.8%; Chicago, down 9.4%; Cleveland, down 8%; Atlanta, and New York, both down 7.9%; Seattle, down 6.3%; Boston, down 6.2%; Portland, down 5.2%; Denver, down 4.8%; Dallas, down 3.1%; and Charlotte, N.C., down 0.2%." The story via Marketwatch here.
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