Source: Stephanie Armour, USA Today

Big-city home prices in July were down 16.3% from a year earlier, but the decline in prices appears to be slowing.

The Standard & Poor’s/Case-Shiller 20-city housing index released Tuesday showed the largest 12-month decline since it began in 2000. Home values in all 20 cities fell year-over-year. Las Vegas and Phoenix reported year-over-year declines of nearly 30%. Miami reported a decline of 28.2% from July 2007. 

Read Full Article: Home prices hint at stabilization