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Real Estate Briefing - Categorized | Americas, Emerging Trends, Finance, Market Moves more

Falling home prices could rattle market rally

Posted on 11 November 2010

From WSJ: For the past couple of months, a growing number of investors have managed to convince themselves that the economy is recovering and the stock market is heading higher.Fresh news on home prices makes you wonder what they’re thinking.
The third quarter was a bust for home prices according to Zillow, the online real estate company. Average prices nationwide fell 1.2% just between the end of June and the end of September, it says. And the drop wasn’t just in the familiar disaster areas like Miami, either. Average home values in Seattle fell 4.3% during the summer months……………………………………….Full Article: Source

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