Jan 28

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New home sales plummeted last year by the largest amount on record while home prices fell sharply in December. Analysts foresee more trouble this year as the housing market tries to emerge from its worst slump in 20 years.

Dec 26

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U.S. home prices fell in October for the 10th consecutive month, posting their largest monthly drop since early 1991, the widely watched Standard & Poor's/Case-Shiller home price index showed Wednesday.