Home Prices

NEW YORK (AP) _ Home prices in the U.S. dropped by a record 8.4

percent in November, compared to a year earlier. The decline in the

Standard and Poor's/Case-Shiller index is a record.

The November drop is the 11th straight monthly decline. The

index tracks prices of existing single-family homes in 10 metro

areas.

A broader, 20-city index was also lower, falling 7.7 percent in

November.

Miami led the pullback with a 15.1 percent decline. It was

followed by San Diego, Las Vegas and Detroit.

Only Charlotte, North Carolina, Portland, Oregon, and Seattle

had higher annual growth rates.