Tuesday, April 28, 2009

Flash: National Home Price Declines Moderate

Home prices in the 20 largest cities in the U.S. dropped at a slower pace in February, indicating some moderation in declines compared to the past several months. Still, with rising unemployment, a turnaround should prove to be slow.
For the full story: Home Prices Decline By 18.6% Year Over Year (Bloomberg)

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