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Some cities are stabilizing, but U.S. home prices could be stuck until 2014

Posted on 08 September 2011

Paul DalesAugust was marred by a turbulent stock market and growing fears of a European debt blowup, not to mention a string of U.S. economic data that inspires little confidence that the country will avoid slipping back into recession.
Amid that backdrop, the S&P/Case-Shiller June index of U.S. home prices showed continued year-over-year declines last week, and while there were hints of stabilization , but there was some hint of stabilization as the national average increased moderately from May……………………………………….Full Article: Source


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