Home Prices in 20 U.S. Cities Rise Less Than Forecast

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Oct. 26 (Bloomberg) -- Home prices in 20 U.S. cities rose at a slower pace than forecast in August from a year earlier, reflecting slumping sales as the effects of a tax credit waned. The S&P/Case-Shiller index of property values increased 1.7 percent from August 2009, the smallest year-over-year gain since February, the group said today in New York. Bloomberg's Michael McKee reports. (Source: Bloomberg)


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