S&P: US Home Price Decline Accelerates: Financial News - Yahoo! Finance
Every article I read with this or a similar headline says that this must be the bottom. But the next week there is another slide.
EW YORK (AP) -- The decline in U.S. home prices accelerated nationwide in July, posting the steepest drop in 16 years, according to the S&P/Case-Shiller home price index released Tuesday. Home prices have fallen by more every month since the beginning of the year.
1 comment:
Yet some markets seem to have not gotten the message and have seen only modest pull-backs in price (or even slight increases). More importantly, this is also changing the mix of housing that is being constructed. See http://www.washingtonpost.com/wp-dyn/content/article/2007/09/26/AR2007092602522.html?hpid=topnews
Post a Comment