National home prices, including distressed sales, declined by 9.8% in September 2009 compared with September 2008, according to First American CoreLogic and its LoanPerformance Home Price Index.

This was an improvement over August's year-over-year price decline of 11.1%. On a month-over-month basis, however, prices declined by 0.4% in September compared to August 2009, reversing a five-month trend of positive appreciation.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.