US home price data through October 2009, released Tuesday by Standard & Poor’s for its S&P/Case-Shiller Home Price Indices, show that the annual rate of decline of the 10-City and 20-City Composites improved compared to September and marked nine months of improved results, beginning in early 2009. Average US prices are at 2003 levels and the peak-to-trough fall in Las Vegas, is at -55.4% – - down to 2000. Also on Tuesday, US consumer confidence was reported to have risen in December.
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