Home Prices Fell in ’07 for First Time in Decades

[Hobbs]

In 2007, the median price of an American single-family home fell for the first time in at least four decades, according to the National Association of Realtors, a trade group.

http://www.nytimes.com/2008/01/24/business/24cnd-home.html?ei=5065&en=f19b9c7111616627&ex=1201842000&partner=MYWAY&pagewanted=print

[kapil354]

will the rents with 'the same rate' fall as well???

[Dan Blystone]

Here in Chicago the rental market is still strong -