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Home Prices Take Another Nose-Dive

Fall record 18% in year to October

By Matt Cantor,  Newser Staff

Posted Dec 30, 2008 9:07 AM CST

(Newser) – Home prices in 20 US cities plunged 18% in October over the previous year, a record-breaking rate, Bloomberg reports. The S&P/Case-Shiller index, which has declined every month since January 2007, dropped 17.2% in September. "The bear market continues; home prices are back...   Read full story »

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