NEW YORK (Reuters) - Home prices fell for a fourth straight month in November as distressed sales continued to weigh on prices, data analysis firm CoreLogic said on Monday. CoreLogic's home price index fell 1.4 percent in November from the previous month. Compared with November of last year, prices were down 4.3 percent, steeper than the 3.7 percent year-over-year decline seen in October. Excluding distressed sales, prices were off just 0.6 percent in November on a yearly basis. Homeowners in danger of foreclosure, or in "distress," often sell their homes at a significantly reduced price. ...
Saturday, February 25, 2012
Home prices fall in November for 4th month: CoreLogic
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