New house prices down 13 percent in one year

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Bloomberg.com: Worldwide: “The median price of a new home dropped 13 percent, the most since 1970, to $217,800 in October from a year earlier. “

That is a big drop in one year and the trend is still down.

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Date posted: Thursday, November 29th, 2007 11:17 am | Under category: Danger to the US, economy
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