Trulia: 23.6 percent of homes dropped price

10 Jun 2009

Trulia released data this week showing that 23.6 percent of current homes on the market in the U.S. have experienced at least one price cut, totaling $27.4 billion in reductions. The average price-reduced home has seen a listing price reduction of 10.6 percent.

Trulia is using the data to promote a new fe

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Jim Townsend