Prices plunged 18.5% in the West region, driven by high levels of distressed sales.
由于非常低的销售量,美国西部房价下降了18.5%。
But America's bust has brought waves of distressed sales, forcing prices down rapidly.
但美国的泡沫破裂已经引发了甩卖潮,令价格快速下跌。
As mortgage interest rate falls, it decreases the bankruptcy risk of the borrowers and, hence, decreases distressed sales.
随着按揭利率下降,债务人破产的风险减少了,因而缓和了房产销售不景气。
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