For the first time since the housing downturn began in late 2005, housing prices in Santa Clara County dropped last month compared with a year earlier.
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Despite the downturn in the state's housing market, California home prices and rental rates still exceed what many residents can afford, a public policy analysis group is reporting today.
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WASHINGTON - Sales of existing homes fell in 45 states during the October-December quarter, with metropolitan areas showing growing weakness, a real estate trade group said Thursday.
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