Home Prices Continue To Fall
Home Prices Drop Record 18%
This past October, S&P/Case-Shiller put out their home price index and it shows home prices have fallen considerably since a measurement of a year ago. It has been the 27th consecutive month of losses.
This report used 20 cities and reported an incredible drop of 18 percent from October of 2007. There were no cities that showed a gain and three cities fell more than 30 percent!
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