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The Standard & Poor's/Case-Shiller home price index showed that prices increased in 12 of the 20 cities it tracks.
Still, the major indexes ended the first quarter at new post-crisis lows, the report said. For the first quarter, prices were down 2 percent, compared to a 3.9 percent decline in the last three months of 2011.
Originally posted by xuenchen
Published: Tuesday, 29 May 2012 | 9:11 AM ET
Homes Prices Drop 2% to Post-Crisis Lows: Case-Shiller