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Reuters: Home prices fell at record pace in first quarter: S&P

Started by chris, May 27, 2008, 03:41:08 PM

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chris

Home prices fell at record pace in first quarter: S&P
      


NEW YORK (Reuters) - Prices of single-family homes plunged a record 14.1 percent in the first quarter from a year earlier, marking a pace five times faster than the last housing recession, according to the Standard & Poor's/Case Shiller national home price index reported on Tuesday.
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