06.05.2011 - A housing double dip? Watch the correlations, not the prices
On May 5, the real estate data firm Clear Capital announced a “national double dip” in US home prices. Should we be worried? Perhaps. But I’m looking at the data in a different way. Take a look at Clear Capital’s tables of both the highest and lowest performing markets. While all quarter-on-quarter rates of change are down, some year-on-year comparisons still remain positive..............................................Full Article: Source
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