MIAMI-Zillow Home Value Index has shown that the home valves in Miami-Fort Lauderdale metropolitan area have fallen by 15.2% in Q2 2010 from that of Q2 2009 and by 6.6% from that of Q1 2010.
The prices of homes in Miami-Fort Lauderdale have fallen by 52.4% since the housing boom and are currently at $146,500. Prices of homes across the nation fell by 3.2% in Q2 2010 compared to that of Q2 2009 and 0.6% compared to that of Q1 2010. For the full story, go to Houston Business Journal.
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