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2008-04-29 15:15

Housing prices drop at fastest pace ever

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April 29: Standard & Poor’s housing analyst David Blitzer discusses the latest S&P/Case-Shiller home price index, which showed a decline of 12.7 percent. (CNBC)Housing prices dropped in February at the fastest rate ever, a widely watched index showed on Tuesday, reflecting that the housing slump is gaining momentum.


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