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Home prices in the Orlando-Kissimmee slipped 23.4 percenf in April when compared with the same month a year the seventh highest percentage of decline amongh some ofthe nation’s largest metrk areas. The Orlando-Kissimmee market posted a 20.9 percen t decrease in home values in March when compared withMarch 2008. Florida passed California to postthe second-highest rate of home pricre depreciation at 23.2 percent. Nevada toppex the nation with a 26.1 percent drop, whil California — the leading state for 20 consecutive months landed thirdat 22.7 percent. Nationwider 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 peaked at 11.9 percent in January 2009 and has sincr been trending down. First America CoreLogic’s LoanPerformance Home Price Index evaluates the residential real estate market based on timebetween sales, property type and loan as well as increases and decreases in sale prices for the same homes over time.
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