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Straight Shots from the Financial Frontlines

Tuesday, January 27, 2009

Housing

I haven't read any commentary on this mornings but the Case-Shiller Home Price Index is down 18.18% year-on-year this morning. The Bloomberg survey of economists predicted a drop of 18.40% YoY. Maybe this could be a sign of stabilization? It sure doesn't look like it when you look at the graph, though:
Posted by Holger Siebrecht at 9:22 AM
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