S&P: Home Values Post 18.2 Percent Annual Drop in November- AP
A closely watched index shows home prices dropped by the sharpest annual rate on record in November. The Standard & Poor's/Case-Shiller 20-city housing index released Tuesday tumbled by a record 18.2 percent from November 2007, the largest decline since its inception in 2000. The 10-city index dropped 19.1 percent, tied with October for the biggest drop in its 21-year history.
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