Industry NewsMarkets & Economy

NAR: Record drop in home prices

Real estate resale prices dive 11.3%
Published on Nov 24, 2008

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by CareyBot

The median price of U.S. resale homes dropped 11.3 percent year-over-year in October — the largest ever drop since the National Association of Realtors began tracking the statistic in 1968. In the past four months the median price of resale ...