Home prices fell in eight out of every 10 U.S. cities in 3Q 2009, said the National Association of Realtors.
The median sales prices of existing homes declined in 123 out of 153 metropolitan areas compared with the same period a year ago. Prices rose in the other 30 cities. The national median price was US$177,900, or 11% below the third quarter last year.
The worse price decrease was in Fort Myers, FL. The largest price gain was in Cumberland, MD, where prices increased 19%.
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