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U.S: Here comes the double dip in housing

Posted on 18 January 2012

The great thing about the residential real estate market is that it floods us with tons of hard data. The bad news is that all of these tea leaves have again started pointing to a turn for the worse.
The monthly index published by the National Association of Home Builders has just been knocked for a big fall, plunging from 22 to 17 in June. The 2005 peak was at 72. The Standard & Poor’s/Case Schiller National Price Index dove 3.2% in Q1………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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