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Home Price Index

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Home Prices Tank During September 

Nov 25, 2008By

The nation’s real estate correction gained momentum during September, with economic turmoil placing pressure on an already battered housing market to push prices down at a record pace during the month. According to the S&P/Case-Shiller home prices indices, released Tuesday morning, prices in 20 key metropolitan areas fell 18.6 percent during Sept., while a 10-city composite index registered an annual decline of 17.4 percent.

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