Fourth Straight Monthly Decline in Home Sales
CoreLogic released its November Home Price Index (HPI) Monday, which shows prices nationally fell 1.4 percent month-over-month and 4.3 percent year-over-year. November marks the fourth consecutive month CoreLogic’s index has returned negative results, with much of the depreciation coming from distressed sales such as REO and short sale transactions. When you exclude these distressed deals …
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