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Housing Declines Again

Home values in the United States posted their largest quarterly decline since the first quarter of 2009, falling 2.6 percent as the temporary stimulus of the home buyer tax credits wore off, according to Zillow's fourth quarter Real Estate Market Reports. See region-specific data below. Click column headers to sort.


United States175200 -2.6-5.9-26.727.0
New York, NY351900 -2.4-5.0-23.015.0
Los Angeles, CA399000 -3.3-3.1-34.020.2
Chicago, IL175100 -6.5-11.3-35.838.6
Dallas, TX125300 -4.1-6.0-13.6N/A
Philadelphia, PA191000 -4.3-9.4-18.219.6
Miami-Fort Lauderdale, FL139100 -3.3-15.4-54.842.8
Washington, DC309100 -2.5-5.0-29.626.0
Atlanta, GA128100 -4.3-15.3-27.554.0
Detroit, MI73200 -7.5-17.4-52.333.3
Boston, MA314200 -3.2-1.9-21.313.9
San Francisco, CA485700 -4.1-5.0-31.322.6
Phoenix, AZ129300 -2.5-11.6-53.669.9
Riverside, CA190000 -1.30.1-52.750.1
Seattle, WA262100 -4.3-12.4-30.834.3
Minneapolis-St. Paul, MN166300 -5.8-12.1-31.942.3
San Diego, CA353700 -3.4-1.2-34.321.8
St. Louis, MO130400 -6.1-7.0-17.233.9
Tampa, FL111900 -3.0-9.0-48.448.4
Baltimore, MD223800 -3.2-9.7-24.924.0
Denver, CO198100 -3.5-6.4-14.940.7
Pittsburgh, PA105400 -2.1-0.8-4.89.3
Portland, OR209900 -5.2-12.0-29.032.0
Cleveland, OH112800 -4.0-5.2-21.837.6
Sacramento, CA216200 -4.2-6.8-47.446.8
Orlando, FL118800 -3.7-11.1-54.461.7

Source: Zillow.com *Negative equity refers to the % of single-family homes with mortgages.
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