Industry NewsMarkets & Economy

Prices down 4 months in a row

CoreLogic index shows price declines accelerating in November
Published on Jan 12, 2011

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by CareyBot

U.S. home prices declined for a fourth consecutive month in November, falling 5.07 percent from a year ago, according to a home-price index compiled by mortgage data aggregator CoreLogic.

The latest declines -- steeper than the 3.35 percent year-over-year price drop registered in October -- left the national home-price index down 30 percent from its April 2006 peak.