30.03.2011 - US housing recession goes on
The U.S. housing market is still in recession, with prices all over the country declining and testing 2009 trough levels, according to the latest S&P/Case-Shiller Home Price Index. The January Case-Shiller report released today showed that in 11 of the 20 cities surveyed, prices dropped below lows forged in 2009 following the bursting of a real estate bubble that peaked in 2006. Another month of declines adds to a trend many analysts suggest will continue............................................Full Article: Source
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