U.S. Housing Market Recovery Backtracks with 23% Year-Over-Year Rise in National Price Reductions

Trulia.com?s December price reduction report found that the number of listings with at least one price cut grew nationwide by 23 percent from 22 percent in December 2009 to 27 percent in December 2010. Meanwhile, average reductions remained flat at 11 percent in a year-over-year comparison, although it has risen by 10 percent [...]

Source: http://feedproxy.google.com/~r/TruliaBlog/~3/UEGNibY061Q/

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