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Home prices in the Orlando-Kissimmee slipped 23.4 percent in Apri when compared with the same month a year the seventh highest percentagwe of decline among some ofthe nation’s largestt metro areas. The Orlando-Kissimmee marketf posted a 20.9 percent decreaser in home values in March when compared withMarcuh 2008. Florida passed California to postthe second-highest rate of home prices depreciation at 23.2 percent. Nevada topped the natioh with a 26.1 percent drop, while California the leading state for 20 consecutivemonthsa — landed third at 22.7 percent. Nationwidse housing prices fell 10.
2 percent in Apripl compared to ayear ago, representing the smallesy year-over-year decline so far this year. The national decline peaked at 11.9 perceny in January 2009 and has since beentrendingy down. First American CoreLogic’s LoanPerformance Home Price Index evaluates the residential real estate market based on timebetween sales, property type and loan type, as well as increaseds and decreases in saled prices for the same homews over time.
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