| The CoreLogic Home Price Index inclusive of distressed properties (foreclosures and short sales) fell 4.3% from a year ago after showing a decelerating trend in the three months ended October. Excluding distressed properties, the CoreLogic Home Prices fell only 0.6% from a year ago and it shows of stabilizing.
The excess supply of homes, partly from distressed properties, is the major factor leading to a sustained drop in home prices. The CoreLogic Home Price Index is down 34% from its peak in March of 2006...............................................Full Article: Source
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