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HOME PRICES FALL

Myles UdlandOct 28, 2014, 18:30 IST

Home prices fell 0.15% month-over-month in August, according to the latest S&P/Case-Shiller home price index.

Expectations were for the report to show home prices rose 0.18% month-over-month in August, while rising 5.7% year-over-year.

Last month's report showed that prices actually fell month-over-month while rising less than expected on a year-over-year basis.

More to come ...