Some good news in housing

In a sign of just how desperate we are for good economic news, a widely watched index released Tuesday shows home prices plunged in February but analysts noted it was the first time in 16 months that the decline failed to set a record. Gregory J Wilcox in the Daily News.

Standard and Poors' Case-Shiller Home Price Index showed the 10- and 20-city composites fell in February an annual 18.8 percent and 18.6 percent, respectively. They also eased down from January, when they fell by 19.4 percent and 19 percent, respectively.