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Sales slip but supply of homes on the market jumps to 9.6 months, pushing prices down for 12th straight month.

NEW YORK (CNNMoney.com) — Homeowners trying to sell last month faced the biggest glut of homes on the market in about 16 years, as declining sales and growing problems in the mortgage market helped push home prices down for the 12th straight month.

Read the rest at CNN Money

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