First American CoreLogic's LoanPerformance Home Price Index, based on November and early December home price data, found national housing prices fell 10.6% for the full year 2008, which it said is the largest decline in more than 30 years.

November's decline was 10.2% compared to a year earlier and early December preview data suggest declines continued in the 10 percent-plus range last month. Since peaking in 2004, home prices have fallen 18.5% and are now at the same levels where they were in spring of 2004.

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