Housing prices continue falling

Out of the top 20 markets, "Home prices are falling in most major U.S. cities, and at least 10 major markets are at their lowest point since the housing bubble burst."

High unemployment, stricter lending rules and fears that prices will fall further are among the reasons why few people are buying homes. A record number of foreclosures are forcing down home prices in most metro areas, and prices are expected to keep falling through this year.
Detroit was the only market to show a monthly gain, although the Motor City is one of five cities where home prices are now below their January 2000 levels.
Prices in Atlanta, Charlotte, Chicago, Las Vegas, Miami, New York, Phoenix, Portland, Ore., Seattle and Tampa are all at their lowest point since 2006 or 2007, at the height of the housing boom. . . .