Industry NewsMarkets & Economy

NAR: Home prices to drop 8.3% in ’08

Real estate brief
Published on Oct 8, 2008

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by CareyBot

Sales of U.S. resale homes are projected to fall 10.9 percent this year compared to 2007, with the median price dropping 8.3 percent, according to the latest National Association of Realtors forecast. That forecast has been revised downward several times ...