Summary
NEW YORK - Damage from the housing bust is spreading to areas once thought to be immune.
In at least 14 major U.S. metro areas, prices have fallen to 2003 levels - when the housing bubble was just starting to inflate. Prices will likely drop further this year, making many people reluctant to buy or sell. That would push down sales and prices more.See the full content of this document
Extract
Home Price Declines Spread, Deepen
The depressed housing industry is slowing an economy that has shown strength elsewhere. And it's st...
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