U.S. prices de­cline

Calgary Herald - Calgary Herald New Condos - - Recreation & Investment Properties - — Marty Hope

A U.S. real es­tate re­search firm has found that prices have de­clined in 19 of 26 cen­tres sur­veyed ear­lier this month. Ask­ing prices fell at the fastest rate in Phoenix, Ariz. — a de­cline of 3.5 per cent dur­ing Au­gust and 4.5 per cent in the most re­cent three-month pe­riod. They rose the fastest in San Jose and San Diego, Calif. — 1.7 and 1.3 per cent re­spec­tively. Hous­ing in­ven­tory also de­clined in 22 of 26 mar­kets sur­veyed.

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