In a bad omen for sellers and lenders this spring home selling season, the erosion of house values is accelerating and foreclosure filings are doubling, new data showed Tuesday.
Home sellers in Massachusetts are slashing prices at double-digit rates to close deals, but there is no evidence the lower prices will end a housing slump now entering its third year.
Several buildings being constructed in Vancouver, British Columbia, the host city for the next Olympic Games, eventually will be sold as condominiums.
on December 4th, 2008