Home Prices

Home prices plunge 13% in a year.

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Home prices slumped almost 13% year over year, according to this story on the Standard & Poor's/Case-Shiller index of prices in 20 major cities, which also showed a 14th consecutive month of declines.

 

What would a slump like that look like in Victoria? Bidding $425,000 on $500,000 properties, and the seller is grateful for the bid?

 

Something like that.

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