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Case Schiller
’US housing double-dip, continued, again
Ouch, nearly everywhere.
The Case-Shiller house price numbers are out for December — and as always, they show a three monthly average (in this case for October, November and December) with a two month lag.
Housing delusions
Keep this chart in mind this week:
Updated in late July by Ritholtz commenter Steve Barry, the chart shows that until the boom preceding the recent recession, home values in the US had been consistently returning to a level first reached in the late 1940s.
US house prices tumble in September, Case Shiller says
As the Fed spends another gazillion dollars to shore up the global financial system, the market that started it all continues to collapse.
Prices of single-family homes in the US were down a record 17.4 per cent year on year in September,