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NEW YORK – The Moody’s/REAL National All Property Type Aggregate Index from Real Estate Analytics LLC measures 135.31 for April 2009, a decrease of 8.6% from the previous month and the single largest one-month decline.
The index, which has captured price data through the end of April, is now 25.3% lower than it was a year ago and 29.5% below the peak measured in October 2007. The index also indicated a 27.4% drop in prices over the past two years.
