The National Association of Realtors said Tuesday that home prices declined in 4 out of 5 metro areas in the third quarter when compared with the same period a year earlier. The trade group blamed distressed sales—that's foreclosures and short sales—for driving the median existing single-family home price down 9 percent, to $200,500, over the period.
Here's a map showing where the declines have been the steepest:
Matt Isleib of CT @ Jan 02, 2009 23:29:21 PM