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Home prices post 18.1 percent annual drop in April

By Associated Press
Tuesday, June 30, 2009 - Updated 1 year ago
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NEW YORK — A key housing index shows a clear trend that home price declines are moderating.

The Standard & Poor’s/Case-Shiller index released Tuesday showed home prices in 20 major cities tumbled by 18.1 percent from April 2008. The 10-city index fell 18 percent from the year before.

 
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