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High Noon at the OK Corral

February 4, 2011

According to a report published in today’s Wall Street Journal, housing prices continue to drop at an accelerating pace, while inventories pile up. According to the Journal, housing prices declined in all 28 major metropolitan areas throughout the country during the fourth quarter of 2010, compared with prices one year earlier. The size of the year-to-year decline was greater than the previous quarter’s in all but three of the markets.
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