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Is this the U.S. housing market bottom?

Posted on 26 April 2012

Don Miller writes: Analysts, government officials and certainly homebuyers are spending hours trying to figure out if we have reached the housing market bottom. Tuesday’s data would seem to suggest the bottom is a bit bumpier than most people think.

According to the S&P/Case-Shiller home price index of 20 cities, home prices declined 3.5% from a year ago, while the 10-city composite slipped 3.6%. That meant fresh new post-bubble lows for home prices………………………………………..Full Article: Source


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