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US house prices flat in October

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12-29-2009, 09:14 PM

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US house prices flat in October

The Standard & Poor’s/Case-Shiller composite index of 20 metropolitan areas remained flat in October after rising by a revised 0.4% the previous month.The latest figures dashed hopes of a sixth consecutive monthly increase and fell short of analysts expectations who had hoped for a 0.2% rise.Meanwhile, on an annual basis, the 20-city index was 7.3% [...]

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