Seattle area home prices dropped 16.4% in March compared to last year at the same time according to the Standard & Poor’s Case-Shiller Home Price Index.
Just between February 09 and March 09 home prices dropped 2%.
In July 2008, research for the National Housing Federation claimed the downturn would be over by 2010 with home prices rising 25% in the 5 years following. It predicts a rise of 5.2 per cent in 2012 and 9 per cent in each of the following two years.
Thank you to KIRO.
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Selasa, 26 Mei 2009
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