Industry NewsMarkets & Economy

Home prices post 6th straight monthly decline

CoreLogic: Prices 'not far from the bottom'
Published on Mar 8, 2012

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by CareyBot

National home prices posted their sixth consecutive monthly decline in January, falling 1 percent from December and 3.1 percent from a year ago, according to data aggregator CoreLogic.

CoreLogic Chief Economist Mark Fleming said in a statement that home prices aren't falling as hard as they did at the peak of the housing downturn, and are "not far from the bottom."

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