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Home Prices Fall At Record Rate. Phoenix Real Estate News

Home Prices Fall At Record Rate

Associated Press: U.S. home prices tumbled in April at the fastest rate since a widely followed index was begun in 2000 with all 20 metropolitan areas surveyed posting annual declines for the first time.

The Standard & Poor’s/Case-Shiller home price index of 20 cities fell by 15.3 percent in April versus [...]