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inventory of unsold homes to around a seven-month supply by the end of the year. <br />The recovery of the stock market, predictions that the recession may be ending, and <br />reduced job losses all suggest that the worst might be over. <br />FIGURE 1: Decline in Median Sing�e-Famfty Home Prices in SeLected <br />U.S. Metro Areas,, 2007-2009 <br />Phoenix <br />-44.6% <br />Los An le,s <br />—418% <br />Miami <br />-40.6% <br />San Francisco <br />-33.196 <br />Atlanta <br />-24.8% <br />Washington, O C <br />-24.6% <br />Chicago <br />-24.0% <br />U.S. Average <br />-18.4% <br />Minneapolis <br />-17.9% <br />New York City <br />-17.2% <br />Se�tt le, <br />-16.996 <br />-------' <br />Boston <br />----`------` <br />-12.096 <br />-------' <br />Denver <br />----`------` <br />-6.696 <br />Houston <br />-------'--------------------`-------`-------------- <br />5.396 <br />Source,: National Association of Realtors, 2010, <br />V <br />