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Friday, Feb 23, 2024

Another steep drop in housing prices reported

Home prices across the nation continued to fall at a record pace in January, and Southern California showed some of the steepest declines, according to a major indicator released today. The Standard and Poors/Case-Shiller index showed U.S. house prices falling by 11.4% in January from a year ago, the largest drop since the index began in 1987. For the full story visit http://www.latimes.com/business/la-fi-homes26mar26,1,2888113.story

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