It’s now officially a lost decade for home prices. With the release of the January data for the Standard & Poor’s/Case-Shiller Home Price Indexes, prices in a national composite dropped 3.8% from a year before, rolling back to the levels of early 2003.

http://moneyland.time.com/2012/03/27/housing-prices-fall-to-2003-levels-but-demand-may-be-building/