Thursday, Aug 14, 2008
Latest Report from the National Association of Realtors (US)
CNN Money: Home prices have fallen 7.6% over the past 12 months
Real estate prices continued to post steep year-over-year declines during the three months ended June 30, according to a new report from the National Association of Realtors (NAR).
Nationwide, the median single family, existing home price plunged 7.6% to $206,500 from $223,500 in the second quarter. The median price is one in which half of all homes sold for more and half sold for less.
Posted by stevie dee @ 03:42 PM (256 views) Add Comment
2 Comments
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1. gardeniadotnet said...
This goes out to all you Graph Fans....
http://www.irvinehousingblog.com/blog/comments/we-like-short-shorts/
2. drewster said...
Vested interests say prices down 7.6% in a year, but the independent Case-Shiller index [PDF] is down 15%. Who am I going to believe...?