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Frank Nothaft

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Freddie: National Home Prices Rose During Second Quarter At Slowest Rate in 12 Years 

Sep 04, 2007By

Freddie Mac released its quarterly Conventional Mortgage Home Price Index (CMHPI) results today, which showed that home values rose 0.4 percent in the second quarter 2007 on an annualized basis, down from a revised first quarter 2007 annualized rate of 2.0 percent, and the slowest quarterly growth rate in more than 12 years.

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