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IPFS News Link • Economy - Economics USA

U.S. Property Owners Lost $3.3 Trillion in Home Value Last Year

2-3-09 • Bloomberg.com

About $6.1 trillion of value has been lost since the housing market peaked in the second quarter of 2006 and last year’s decline was almost triple the $1.3 trillion lost in 2007, Zillow said.

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Reported By Jack Gregson

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