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Prices Fall in 16 of 20 Major Housing Markets
Jan 10, 2008Prices of properties listed for sale continued to fall in December, dropping in 16 of 20 major markets, while West Coast cities lead the charge. According to a report from real estate research firms Altos Research and Real IQ, released late Wednesday, San Francisco saw average home prices drop 4.6 percent during the past three months, while Las Vegas, San Diego, Los Angeles and Detroit all registered price declines of over 3 percent.
