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According to the new Case Shiller report nationwide home prices dropped by 18.7%.
Top 3 annual declines:
1. Phoenix, AZ: 36.02%
2. Las Vegas, NV: 31.23%
3. San Francisco, CA: 30.06%
Top 3 monthly declines:
1. Minneapolis, MN: 6.25%
2. Detroit, MI: 4.85%
3. Phoenix, AZ: 4.52%