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Home Price Index

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Housing Prices Fall for 8th Consecutive Month 

Oct 30, 2007By

U.S. housing prices continued their downward slide in August 2007, according to the latest S&P/Case-Shiller housing indices released this morning. The 10-city composite index — the original composite index before a 20-city composite was introduced earlier this year — fell 5 percent from year-ago levels and is at its lowest value since June 1991. A newer 20-city composite recorded a decline of 4.4 percent.

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