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U.S. home prices have smallest decline in 10 months

Posted on 23 July 2009

From Bloomberg: U.S. home prices had the smallest annual drop in 10 months, signaling the free fall of property values is abating in the three-year housing slump at the center of a global recession.

Prices declined 5.6 percent in May from a year earlier and rose 0.9 from April, the Federal Housing Finance Agency in Washington said today………Full Article: Source


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