Industry NewsMarkets & Economy

A view of the real estate bottom

Real estate brief
Published on Feb 5, 2009

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by CareyBot

About 100 of the nation's 381 metro areas have experienced house-price declines of 20 percent or more since the market's peak, with some markets experiencing declines of 50 percent or more, according to data presented today by Moody's Economy.com.

Moody's Economy.com economists and analysts believe that the drastic declines may conclude this year, though, according to a Reuters report.

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