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NY-area home prices back to 2004 levels

Posted on 10 August 2010

From Crainsnewyork.com: Average home in the area now selling for 21% less than it did at the peak of the market in June 2006; report says that at this point prices have nearly bottomed out.
As of the second quarter, home values in the New York area have fallen back to 2004 levels and were down 21% from their peak in June 2006, according to Zillow’s Real Estate Market Report released Monday……………………………………….Full Article: Source

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