Industry NewsMarkets & Economy

Home prices fall hard in Phoenix, S.F.

Real estate sales, price reports show some record-low activity
Published on Jan 30, 2009

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by CareyBot

An index measuring the price per square foot of homes in 25 U.S. metro areas declined in every location except Milwaukee in November 2008 compared to November 2007.

Several other price and sales reports reveal a pattern of record-low activity in some market metrics as the housing market crawls through one of the slowest periods since the Great Depression.

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