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Connecticut Homes Biggest Losers as Wall Street Cuts


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2012 Aug 27, 11:16pm   635 views  0 comments

by Steve B   ➕follow (1)   💰tip   ignore  

Connecticut, for 25 years the state with the highest per capita income in the U.S., is now leading the nation in home-price declines as Wall Street trims jobs and bonuses that had driven multimillion-dollar property sales.

Prices in the Fairfield County area, home of the banker bedroom communities of Greenwich and New Canaan, tumbled 12.9 percent in the second quarter from a year earlier, the biggest decline of the 147 U.S. metropolitan areas measured by the National Association of Realtors.
http://finance.yahoo.com/news/connecticut-homes-biggest-losers-wall-040001672.html;_ylt=AtUUzx6GNmw93MfvtbQsp4qiuYdG;_ylu=X3oDMTNyMDBucnZxBG1pdANGUCBUb3AgU3RvcnkgTGVmdARwa2cDZTY2NTJmZjYtZWZiMS0zYzkxLWFjODAtNTcwY2EzN2NlNzA3BHBvcwMzBHNlYwN0b3Bfc3RvcnkEdmVyA2I3ZjFhYjUwLWYxMDMtMTFlMS1iZGJiLTE0NWU3MDU2Y2RiMw--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3

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