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Justsaying
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Registered: 12-13-2009
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Home Prices Hit More Than 10 Year Low

 

NEW YORK (CNNMoney) -- Home prices fell to their lowest point in more than a decade in January, which helped to lift the pace of home sales, according to a report from an industry trade group.

 

The National Association of Realtors reported that the median home price in January fell 2% from December to $154,700. That's the lowest price reading since November 2001, before the run-up in home prices that became known as the housing bubble.

 

Read more here: http://money.cnn.com/2012/02/22/real_estate/home_sales/index.htm?hpt=hp_t1