FXstreet.com (Barcelona) - Housing prices have continued declining in the United States in November, and at a somewhat faster then expected pace, according to data released by the Federal Housing Finance Agency.

U.S. home prices have posted a 1.8% decline in November, well above the 1.2% decline forecasted by market experts and also above the 1.1% decline posted in October.

Year on year, housing prices have posted a 8.7% decline in November. Since the April peak, house prices have declined 10.5%.