Zillow: Estimated home values fall 14%

Zillow.com, which offers online automated home valuations and other real estate information, this week announced that its index for estimated U.S. home values plunged 14.2 percent year-over-year in the first quarter, to $182,378.

The company's latest quarterly Zillow Home Value Index is based on estimated value changes for homes in 161 U.S. metro areas.

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