National Home Prices Down 5.8%, Major Metros See Double Dip

The November home market report from Clear Capital shows that prices nationally fell another 5.8 percent over the previous three months. The company says although the pace of decline has slowed, home prices show no signs of bottoming out yet.

Compared to a year ago, Clear Capital’s national home price index is down 2.7 percent, but is 5.5 percent above the record lows of early 2009.

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