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Home Prices Stumble, Still Up Year-Over-Year

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The latest data from the leading index on home prices showed the largest month-to-month deceleration in prices in history, with a 2.3% deceleration between June and July, as the possibility of a painful housing correction continues to loom. The S&P CoreLogic Case-Shiller U.S. National Home Price Index showed that prices were up 15.8% year-over-year in…

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