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Sam Khatner

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Price Gains Don’t Signal Bottom: First American HW+

Aug 20, 2009By

The year-over-year housing price decline decelerated to its lowest level of the year in June, but that doesn’t mean housing is about to hit bottom, according to officials at First American CoreLogic, a division of The First American Corp [stock FAF][/stock]. National housing prices decreased 7.8% in June 2009 compared to June 2008, according to First American’s Loan Performance Home Price Index (HPI).

3d rendering of a row of luxury townhouses along a street

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