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Pace of Decline In Home Prices Sets a Record . Great Deals For Buyers

Pace of Decline In Home Prices Sets a Record

By JAMES R. HAGERTY and KELLY EVANSWall Street Journal

A closely watched gauge of U.S. home prices shows they are falling sharply across most of the nation, as a deepening slump in the housing market threatens to damp consumer spending.

Home prices in 10 major metropolitan areas in October [...]