| From Theglobeandmail.com: Bloodied though it may already be, the U.S. housing industry is in for still more. Tuesday, the latest reading of the widely watched S&P/Case-Shiller home price index showed house prices slipping again in December, falling a further 0.4 per cent from November despite better economic signs from the world’s largest economy.
That shows the U.S. real estate sector firmly in a double-dip, economists say, and some believe the carnage isn’t over...............................................Full Article: Source |