Home prices nationwide continued to decline in the first quarter of 2012, but at a moderate pace, according to the latest Standard & Poor's/Case-Shiller Home Price Indices. S&P described the drop in prices as hitting "new post-crisis lows."
The national composite index fell 2% over the fourth quarter and 1.9% from the year earlier period, S&P said.
The 10- and 20-city composite indexes had annual returns of -2.8% and -2.6%, respectively, for the month of March.
