The phrase "point decline" refers to a decrease in value or score in a particular context. It usually implies a reduction by a specific amount or unit referred to as a "point." Full definition
There was also a 0.2 percentage point decline in the share of mortgages in some stage of the foreclosure process. (mpamag.com)
In simple terms, roughly a one percentage point decline in the unemployment rate will reduce the seriously delinquent rate by 0.8 percentage points. (eyeonhousing.org)
On the national level, cap rates average 6.8 percent — a one basis point increase from the first quarter of 2017 and a one basis point decline from the same period last year. (nreionline.com)