Map of Pain: Cities With the Largest Home Price Declines

November 19, 2008 RSS Feed Print
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The National Association of Realtors said Tuesday that home prices declined in 4 out of 5 metro areas in the third quarter when compared with the same period a year earlier. The trade group blamed distressed sales—that's foreclosures and short sales—for driving the median existing single-family home price down 9 percent, to $200,500, over the period.

Here's a map showing where the declines have been the steepest:

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housing market,
housing

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Luke, do you have any data specifically on the state of CT? If not, the New England Region? I have found conflicting numbers in my own research to what I am actually seeing in the market. Thanks in advance if you have any info.

Matt Isleib

http://www.LoanClassroom.com/

Matt Isleib of CT 11:29PM January 02, 2009

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