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Monday, March 5, 2012

''Fitch sees home prices as overvalued with potential for another 9.1% drop''

"Fitch Ratings said U.S. home prices are still overvalued and could fall another 9.1%, despite inching toward a point of sustainability.
After evaluating data from the third quarter, Fitch said prices still have more room to fall with unemployment and gross domestic product numbers showing only marginal growth."

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