Housing Decline Worse than The Great Depression

January 15th, 2011
in News, Banking

For Sale Zillow:  The Zillow Home Value Index has now fallen 26% since its peak in June 2006. That’s more than the 25.9% decline in the Depression-era years between 1928 and 1933.

Follow up:

November marked the 53rd consecutive month of home value declines, with the Zillow Home Value Index (ZHVI) falling 0.8% from October to November, and falling 5.1% year-over-year.

Housing Zillow Nov 2010 

 

Read more at Zillow.com.....















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