Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Businessweek Archives

Double-digit price drops in some metro areas

New York’s slightly up. Los Angeles is down. And home sellers across the country have little to cheer about.

Of the 25 metropolitan areas included in the new “RPX Monthly Housing Market Report” for September 2007, 18 markets showed price declines compared to a year ago. Another two markets were flat.

The report published Nov. 30 by Radar Logic, a New York-based property and data analytics firm indicates that the West Coast, which had some of the biggest price gains during the housing boom, was getting hammered. The price per square foot in Sacramento was $201 in September, down nearly 15% from September 2006.

Five markets were up compared to a year ago: Milwaukee, Charlotte, Seattle, New York and Philadelphia.

blog comments powered by Disqus