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Tuesday, September 27, 2011

The Housing Double Dip Continues


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Tuesday, September 27, 2011
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The Housing Double Dip Continues

Case-Shiller beat expectations year-over-year but missed on monthly growth for July.

The 20-city composite declined 4.1% year-over-year, which is better than the expected a 4.5% decline. 

Prices were flat from June on a seasonally adjusted basis at 0.05%. Economists were expecting a 0.1% increase.  

Despite the year-over-year improved number, the housing double dip is still on and will continue as volatility was off the charts in August and September. Read »


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