Industry News

U.S. home-price index plunges at record rate in Q4

Miami-area sees 17.5% annual drop in December
Published on Feb 26, 2008

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by CareyBot

U.S. home prices plunged 8.9 percent in the fourth quarter of 2007 compared to the prior year’s quarter — it was a record in the 20 years of data collected, according to a Standard & Poor’s/Case-Shiller price index report released ...

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