In 2006 and 2007, for the first time in decades, in many major urban areas across the U.S.,

Name: In 2006 and 2007, for the first time in decades, in many major urban areas across the U.S.,
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Housing prices began to fall in many major urban areas in the U.S. during 2006 and 2007, which was a significant change from the steady increase in prices that had occurred for many years prior. This decline in housing prices was one of the first signs that the U.S. was heading towards a major economic recession.

In 2006 and 2007, for the First Time in Decades