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Home prices in the Orlando-Kissimmee slipped 23.4 percen t in April when compared with the same monthb ayear prior, the seventh highest percentage of declinew among some of the nation’s largest metroo areas. The Orlando-Kissimmee marke posted a 20.9 percent decrease in home values in March when comparede withMarch 2008. Florida passed Californias to postthe second-highesgt rate of home price depreciation at 23.2 Nevada topped the nation with a 26.1 percengt drop, while California — the leading state for 20 consecutivew months — landed third at 22.7 percent. Nationwides housing prices fell 10.
2 percent in April compared to ayear ago, representinvg the smallest year-over-year decline so far this The national decline peake d at 11.9 percent in January 2009 and has sincde been trending down. First Americajn CoreLogic’s LoanPerformance Home Price Index evaluates the residentiapl real estate market basedon price, time between property type and loan type, as well as increases and decreasexs in sales prices for the same homes over
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