Wednesday, Oct 25, 2006
US housing sinking faster and faster
advfn: US housing decline
Latest figures show biggest year on year decline in 40 years
Posted by andy hamilton @ 10:14 PM (149 views) Add Comment
5 Comments
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1. sovietuk said...
good
2. Nohpc said...
bad
3. Nohpc said...
Prices down 2.5% since sept 05 is hardly a crash is it?
4. harold said...
"The worst is behind us as far as a market correction -- this is likely the trough for sales," said David Lereah, the Realtors' chief economist [while being escorted off the premises by men in white coats].
5. inbreda said...
"biggest
year-over-year price decline in records going back nearly four decades."
And he calls that a lukewarm market?
I think I'd use the term "Fugged market"