2008-12-03housingwire.com

"After strong evidence suggesting a moderation in the pace of home price declines nationwide earlier this year, new data is now suggesting that home price declines have sped up in recent months. Single-family U.S. home prices fell at a faster pace across a wide area of the country during the third quarter, hitting a 6.9 percent annualized pace, according to data released Wednesday morning by economic think-tank IHS Global Insight."



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