Also on Tuesday, data from S&P/Case-Shiller showed home prices in the second quarter fell 15.4% from a year ago.
Prices in the top 20 U.S. cities fell 15.8% from last year's quarter. The report says that housing market prices peaked in the June-July period of 2006. Since then, prices in the top 20 cities have fallen 18.8%. Las Vegas remains the weakest market, with a 28.6% annual decline in prices in the second quarter.- Loading Comments...
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