27 February 2008

Home Prices Fall Nationwide Except Where

Feb. 26 (Bloomberg) -- Home prices in 20 U.S. metropolitan areas fell in December by the most on record, reflecting the deepening housing recession, a private survey showed today.

All but three of the 20 cities in the index showed year- over-year declines in prices in December, led by a 17.5 percent decrease in Miami and drops of 15.3 percent in Las Vegas and Phoenix. Prices rose in Seattle, Charlotte and Portland, Oregon.

1 comment:

Anonymous said...

Notice the 3 all have a streetcar system.