The Shiller Case index is down 22 percent from its July 2006 peak. Prices have fallen back to their April 2004 level.
Aren't house prices supposed to always go up. Or did I miss something?
Tuesday, November 25, 2008
US housing crash - 22 percent down and counting
Labels:
crash,
Debt,
finance,
inflation,
interest rates,
money,
US economy,
US housing bubble
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