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- Home prices continue to fall on a monthly basis, according to Case-Shiller data Tuesday.
- Home prices are now 4.4% below their June peak, but remain higher than they were a year ago.
- Here are the three cities that saw the steepest monthly declines.
The housing market continues to cool down, with prices dropping for six consecutive months, according to Tuesday's S&P Case-Shiller Index data.
Home prices fell 0.3% in December from the prior month and have dropped 4.4% from their June peaks. While prices are still up on a year-over-year basis, the pace of increases slowed to 5.8% from 7.6% in November.