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USA: cut of the prices for houses has broken all possible records

27 February 2008
Written by: info Posted under US

The prices for existing houses for one family in the USA have fallen to 8,9 % in the fourth quarter 2007 in comparison with the similar period of 2006, having reached a record minimum for all Standard and Poor’s and Case-Shiller 20-year index counted existence. In December the price index for housesThe prices for existing houses for one family in the USA have fallen to 8,9 % in the fourth quarter 2007 in comparison with the similar period of 2006, having reached a record minimum for all Standard and Poor’s and Case-Shiller 20-year index counted existence.
In December the price index for houses in 20 large cities has decreased on 2,1 % in monthly calculation(up to 184,86) and on 0,1 % in annual calculation.
The price index for houses in 10 large cities has decreased on 2,3 % in monthly calculation up to 200,55. In annual calculation the index has decreased on 8,9 %.

 

 


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