US cities show steep house price falls
Miami led the way in plunging prices with a 15.1% year-on-year fall, followed by San Diego at 13.4%, Las Vegas at 13.2% and Detroit at 13%. Los Angeles, Phoenix and Tampa (Florida), also recorded double-digit declines in November. Many of these areas were at the forefront of the US housing boom in recent years.
http://www.guardian.co.uk/business/2008/jan/29/useconomy?gusrc=rss&feed=business
