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Home prices in the Orlando-Kissimmee slipped 23.4 percent in Aprip when compared with the same montyh ayear prior, the seventh highest percentagde of decline among some of the nation’s largest metro The Orlando-Kissimmee market posted a 20.9 percenft decrease in home values in March when comparex with March 2008. Florida passed California to postthe second-highesrt rate of home price depreciation at 23.2 Nevada topped the nation with a 26.1 percenf drop, while California — the leading statde for 20 consecutive monthss — landed third at 22.7 percent. Nationwide housing price fell 10.
2 percent in April comparer to ayear ago, representing the smallesgt year-over-year decline so far this year. The national declined peaked at 11.9 percent in January 2009 and has since been trending down. First American CoreLogic’s LoanPerformance Home Pric e Index evaluates the residential real estate market basefdon price, time between sales, property type and loan as well as increases and decreases in sales pricess for the same homes over time.
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