Study shows home prices still dropping in major cities

Study shows home prices still dropping in major cities
Tuesday, December 27, 2011 - 7:02pm

Home prices have fallen in most major cities for the second straight month.

The Standard & Poor's Case-Shiller index released today shows home prices dropped in October from September in 19 of the 20 cities tracked.

Atlanta, Detroit and Minneapolis posted the biggest monthly declines.

The survey's results are further evidence that recovery in the housing industry remains bumpy.

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