While home values are continuing to decline, they are beginning to stabilize as the market nears the bottom, according to the Zillow Real Estate Market Report, released Tuesday. Since their peak in May 2007, prices have fallen 23.7 percent, according to Zillow’s data. On a yearly basis, prices fell 5.1 percent in October, arriving at $ 147,000. However, on a monthly basis, prices fell just 0.3 percent, demonstrating a deceleration in decline.
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