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NEW YORK – The Moody’s/REAL National All Property Type Aggregate Index from Real Estate Analytics LLC, (REAL), measures 117.56 for July 2009, a decrease of 5.1% from the previous month.
The index, which has captured price data through the end of July 2009, is now 30.8% lower than it was a year ago and 38.7% below the peak measured in October 2007. The index also indicated a 37.5% drop in prices over the past two years.
