September 30, 2008
By STEVE BROWN / The Dallas Morning News
Against the backdrop of slumping financial markets, there was more bad news Tuesday for the battered U.S. housing sector.
Nationwide home prices fell by a record 16.3 percent in the latest measure of housing values, released Tuesday in the Standard & Poor's Case-Shiller Index.
In the Dallas area, home prices in the July report were down only 2.5 percent from a year earlier in the 20-city monthly survey.
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