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Old 12-31-2008, 11:55 AM
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Post US economy shows no signs of recovery with house prices falling at record rate

The US economy continues to struggle and shows no sign of recovery after property prices fell at their fastest rate in the 12 months to October and the country experienced the worst Christmas shopping figures since 1969. The S&P Case-Shiller index (the closely monitored measure of residential property values across the US), said property prices in [...]

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