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IPFS News Link • Economy - Economics USA

Phoenix Leads U.S. Home Price Decline as Lenders Unload Houses

• Bloomberg.com
The cost of a single-family home plunged 33 percent from a year earlier, according to an S&P/Case Shiller index. The decline was worse than Las Vegas, where prices fell 32 percent, and San Francisco, where they dropped 31 percent.

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