Radar Logic: Home prices sink in 21 of 25 metro areas
Sacramento leads in rate of year-over-year price decline in January
By Inman News, Thursday, April 3, 2008.The price per square foot of housing shrank in 21 of 25 metro areas year-over-year in January, according to a report released today by real estate research and data company Radar Logic, with double-digit percentage declines in nine market areas.
The price-per-square foot of homes in Sacramento, Calif., dropped 27.8 percent year-over-year in January, according to Radar Logic's data tracked during a 28-day period in January.
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