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IPFS News Link • Housing

Home Prices in U.S. Drop Most on Record in 1st Quarter

• Bloomberg.com
The median price fell 14 percent to $169,000, the National Association of Realtors said today. Prices dropped in 134 of 152 metropolitan areas, with the deepest declines in Cape Coral-Ft. Myers, Florida, and the San Francisco and San Jose areas.

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