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price growth in 20 major metro areas slowed to 0.6 percent in July, with
year-over-year growth declining from 13.1 percent in January to 6.7 percent in
July, according to yesterday’s Standard & Poor’s/Case-Shiller Home Price
Index release.
Nineteen of the 20 cities in the Case-Shiller 20-city composite saw slower
growth, and only Las Vegas, Miami and San Francisco reported double-digit
increases. The 20-city index remains 16.1 percent below its 2006 peak.---
ABA Daily Newsbytes
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