There’s little debate that the housing market was in bad shape four years ago—prices, after all, had been falling for 2˝ years at a rate not seen since the Great Depression.
But there’s considerable disagreement about whether the market is better off today, a debate fueled by this year’s presidential race. One imperfect but popular gauge of the housing market, the S&P/Case-Shiller index, shows how home prices in the 20 cities tracked by the index compare with their level of January 2009, after adjusting for seasonal factors...............................................Full Article: Source
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