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Home Prices Still Falling

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Home prices in Las Vegas continue to decline, according to the latest report by Standard & Poors.  The debt rating agency says Vegas home prices fell three-tenths of a percent between December and January. 

Overall, home prices are down more than four percent from January 2010, to a low not seen since 1999.  Standard & Poors says the national housing recession “is not yet over,” and there are no signs of “sustained recovery” in the near future.

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