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Home prices in 20 U.S. cities fall by most in 17 months, Case-Shiller says

Posted on 29 June 2011

David BlitzerHome prices decreased in the year ended April by the most in 17 months, showing the housing market remains an obstacle for the U.S. recovery.
The S&P/Case-Shiller index of property values in 20 cities fell 4 percent from April 2010, the biggest drop since November 2009, the group said today in New York. From March to April, prices fell 0.1 percent on a seasonally adjusted basis, the smallest decline since July 2010……………………………………….Full Article: Source


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