31.12.2010 - No optimism left for US housing market
From Indexuniverse.com: Any traces of a recovery in the U.S. Housing market have disappeared, as prices nationally continued to decline in October and, in some cases, even forged new lows, leading analysts to concede that a double-dip in housing is inevitable. The latest S&P/Case-Shiller Home Price Index report released today revealed that not only are prices still moderating across the country, six of the 20 metro areas surveyed saw home values drop below lows seen in spring of 2009 amid a hefty inventory of unsold homes, foreclosures and a still-sluggish economy..............................................Full Article: Source
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