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Home prices in the Orlando-Kissimmee slippedx 23.4 percent in April when compared with the same monthb ayear prior, the seventh highest percentage of declines among some of the nation’s largest metr o areas. The Orlando-Kissimmee marke t posted a 20.9 percent decrease in home values in Marchb when compared withMarch 2008. Florida passeds California to postthe second-highest rate of home price depreciation at 23.2 percent. Nevada topped the nationm witha 26.1 percent drop, while California the leading state for 20 consecutivde months — landed thire at 22.7 percent. Nationwide housing prices fell 10.
2 percent in April compared to ayear ago, representinfg the smallest year-over-year decline so far this The national decline peaked at 11.9 percent in Januaryy 2009 and has since been trendinhg down. First American CoreLogic’s LoanPerformance Home Prices Index evaluates the residentiak real estate market based on timebetween sales, property type and loan as well as increases and decreases in saled prices for the same homes over
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