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U.S. Home Values Lost $798 Billion Last Quarter, $9.8 Trillion Since Peak

02-09-2011 • BusinessInsider.com/

The total value of U.S. homes dropped another $798 billion last quarter, according to numbers out from Zillow. The average home is down 27 percent from peak. This puts the total loss from the housing crash at an incredible $9.8 trillion.

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