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  • Home prices in deep freeze (Sharp slowing and declines in home prices)

    08/15/2006 7:57:12 AM PDT · by Hydroshock · 59 replies · 1,802+ views
    cnn.com ^ | 8-15-06 | Les Christie
    NEW YORK (CNNMoney.com) -- After several years of turbo-powered growth, home prices have gone into a stall, according to the latest prices released Tuesday. Nationally, the median home price rose just 3.7 percent to $227,500 from last year's second quarter to this year's, according to the National Association of Realtors. Where the growth still is Growth in the median home price in the second quarter. Click for more stats on each city. Baton Rouge, LA: 27.3% Ocala, Fla.: 25.3% Virginia Beach, VA: 23.6% Gainesville, Fla.: 19.7% Portland, Ore.: 19.1% Losing ground Danville, Ill.: - 11.2% Detroit, Mich.: - 8% Rockford,...