Claim: Housing prices dropped for the 30 months prior to Barack Obama taking office, "and they have stabilized, they've been about flat since the president came in."
Fact-check: HUD secretary Shaun Donovan says housing prices "stabilized" since Barack Obama entered office
Verdict: half-true
Organisation: PolitiFact
Author: Louis Jacobson
Date published: 2011-07-06T00:00:00