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Median home prices drop in many cities Fame it!
Posted on May 14 2008 3:56 AM by adeal

The National Association of Realtors said that median prices for existing single-family homes dropped in 100 of 149 metropolitan areas in the January-March period, while 48 metropolitan areas saw prices increase and one reported no change. Nationally, the median home price -- the point where half the homes sold for more and half for less -- fell to $196,300 in the first quarter, down by 7.7 percent from the same period a year ago, when the median sales price was $212,600.



Full story: abclocal.go.com
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