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The Denver area fared the best among 20 U.S. cities reporting sharp drops in home prices, according to data released today.
The Standard & Poor’s/Case-Shiller home-price index for 20 major cities dropped 18.7 percent from March 2008. The 10-city index dropped 18.6 percent.
The metro area reported a 5.5 percent decline, better than Dallas and Boston, which were down 5.6 percent and 8 percent, respectively.
