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Tag Archives: residential property

FNC index: Home prices continue to fall

OXFORD — Despite recent upbeat data on new and existing home sales, U.S. home prices continued to decline in December due in part to increased sales of foreclosed properties, according to the FNC Residential Price Index (RPI). RPI is a product of Oxford-based FNC Inc. Driven in part by rising sales of distressed properties and higher foreclosure-sales discounts, home prices ...

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