Single-family house prices in the state dropped about 17.1 percent in February compared to the same month in 2008, making it the fifth consecutive month that median prices have dropped by double-digit margins, according to the Warren Group, publisher of the Commercial Record.
“We didn’t see such a period of price slumps during Connecticut’s last housing downturn in the early 1990s,” said Timothy M. Warren Jr. in a statement. Warren is the chief executive of the Warren Group. “Prices won’t level off until sales activity picks up substantially for several months straight.”
The local results are mixed and the most promising news could be in Meriden.

http://www.myrecordjournal.com/site/tab1.cfm?newsid=20289419&BRD=2755&PAG=461&dept_id=592709&rfi=6