Tuesday, Apr 03, 2007
US housing slide continues
Bloomberg: Pending Sales of Existing U.S. Homes Probably Fell in February
"To the downside, the correction in the housing market could turn out to be more severe than we currently expect, perhaps exacerbated by problems in the subprime sector"
Posted by james @ 12:11 PM (138 views) Add Comment
2 Comments
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1. dugmug said...
Would be a good idea to remember this sort of article once our "slide" happens - the media will be consistently suggesting that the slump has levelled-off and that there are signs of a soft landing when prices have only been dropping for a few months, then 2 years on it'll still actually be getting "worse than predicted"!
2. Houseoflords said...
Oh well, it must be bottoming out then. Definitely should see signs of recovery in the 2nd quarter................of 2019