Back to the Start of the Bubble?

Don’t get you hopes up with housing prices up slightly during the last year.  If at all, housing will bump along the bottom for a long time.

The [Case-Shiller] index, which tracks repeat sales of existing homes and does not include condos, showed average home prices across the United States are back to the levels they were at in autumn 2003.

via South Florida home prices up 0.4 percent – Real Estate News – MiamiHerald.com.

About Stephen E. McGaughey
Resident of the City of Coral Gables

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