More on House Prices Double Dip

There was not a bit of good news in the S&P/Case-Shiller data about the housing market for the last quarter of 2010. The National Index was down 4.1% from the same period last year. Many markets reached lows which matched home prices in 2000. The trouble in cities which include Las Vegas, Detroit, and Cleveland was  particularly bad. But, almost no city has escaped the powerful down draft.

via In Housing Trouble, The Seeds For Recovery – 24/7 Wall St..

About Stephen E. McGaughey
International consultant in economic development programs and projects

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