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| | cbs5.com - Housing Market Slumps In California, Nationwide (Site not responding. Last check: 2007-11-05) |
 | | Sales of existing homes fell nationwide to a seasonally adjusted annual rate of 6.693 million units in the April-June quarter, down by 7.5 percent from the record rate of 7.193 million units in the spring of 2005, the National Association of Realtors reported Tuesday. |
 | | Sales fell 26.9 percent in Arizona, 26.7 percent in Florida, 25.3 percent in California, 23.9 percent in Virginia and 23.5 percent in Nevada. |
 | | The biggest price drops in percentage terms were in Danville, Ill., where home prices fell by 11.2 percent in the spring compared with the spring of 2005, and the Detroit area, where home prices were down 8 percent. |
| cbs5.com /business/local_story_227165230.html (803 words) |
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