Home prices see another record plunge

Home prices fell in August for the 25th consecutive month and prices in 10 major markets plunged a record 17.7% over 12 months earlier, according to a key index of real estate values released Tuesday.

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The pace of new home sales fell to its lowest level in 17 years in August, according to a key government report released Thursday that signaled more dismal news for the housing sector in coming months.

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