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IPFS News Link • Housing

Case-Shiller Index: Home Prices Fall 2.4% In December

The number: Weak, but right as expected. The 2.4% decline in the 20-city composite was right in line. The 10-city composite fell 1.2%. 19 of the 20 cities fell with the exception of... Washington DC, surprise! Cleveland and Las Vegas have joined Detroit in being the only cities where home prices are lower than they were in January 2000. Here's a look at the city-by-city breakdown: