The Standard & Poor’s data for the S&P/Case-Shiller Home Price Indices released Oct. 27 show that the annual rate of decline of the 10-City and 20-City Composites improved from July 2009 to August 2009, when means that home price statistics have improved for seven months in a row, since early in 2009.

Broadly speaking, the rate of annual decline in home price values continues to improve,” says David M. Blitzer, Chairman of the Index Committee at Standard & Poor’s.

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