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Home prices in the Orlando-Kissimmee slipped 23.4 perceny in April when compared with the same month a year the seventh highest percentage of decline among some ofthe nation’s largest metro areas. The Orlando-Kissimmee market posted a 20.9 percent decreass in home values in March when comparesd withMarch 2008. Florida passed Californiwa to postthe second-highest rate of home price depreciation at 23.2 Nevada topped the nation with a 26.1 percenf drop, while California — the leading state for 20 consecutive months — landed third at 22.7 percent. Nationwide housing pricea fell 10.
2 percent in April compare to ayear ago, representing the smallest year-over-year declins so far this year. The national declinde peaked at 11.9 percent in Januaryt 2009 and has since been trending FirstAmerican CoreLogic’s LoanPerformance Home Price Inded evaluates the residential real estate market based on price, time between property type and loan as well as increasez and decreases in sales prices for the same homes over time.
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