November 30, 2011 09:45AM
Home prices in the tri-county area fell 0.7 percent in September compared to August, and 4 percent compared to the same period in 2010, according to the Standard & Poor's/Case-Shiller Home Price Index, released yesterday. "The plunging collapse of prices seen in 2007-2009 seems to be behind us," said David Blitzer, chairman of S&P's index committee, in a statement. "Any chance for a sustained recovery will probably need a stronger economy."
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