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Home price drop worst since June 1991: S&P

Story date: 2007-10-30 08:10:00
Added on: 2007-10-30 11:00:22


Reuters - Home prices are likely to register a record 7 percent year-over-year drop by December, according to economists at Goldman Sachs Group Inc. Such declines would have to be paired with 0.5 to 1 percentage point drops in mortgage rates to boost ...


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