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.
Interview with Kathryn Cowles and Donald Revell
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Notice the 3 all have a streetcar system.
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