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May 27, 2008

Dallas housing prices slip again; associated business also slips

The March S&P/Case-Shiller index showed a 3.3 percent year-over-year decline.

Still, that’s better than the 14.4 percent drop, not slip, for the top 20 markets. Charlotte was the only gainer; Denver, Portland and Seattle fell about the same amount as Dallas.

Meanwhile, the continued price slippage is hurting not just home builders, but a variety of related businesses such as glass companies.

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