According to Trulia.com, the nation's largest cities are having the greatest price reductions. Here are the numbers:
- NYC: Average home price $2,090,851...average price reduction 14%
- LA: Average home price $1,012,041...average price reduction 13%
- San Fran: Average home price $1,253,618...average price reduction 13%
- Boston: Average home price $706,739...average price reduction 8%
- Houston: Average home price $312,266...average price reduction 6%
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