Home prices drop - KWWL - Eastern Iowa Breaking News, Weather, Closings

Home prices drop

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WATERLOO (KWWL) -

Homes prices have dropped to their lowest point since the housing bubble burst began in 2006.

From February to March, home prices fell in 18 of the 20 cities tracked by the Case-Shiller index. For the eighth straight month the nationwide index fell.

Since the housing crisis began, a dozen markets have reached their lowest price points.

The only markets where prices rose in March were Seattle and Washington, D.C.

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