Sunday, January 9, 2011

US Property Prices - what next?

According to the Case-Shiller index, US house prices stabilised in 2010. Nevertheless, the post-bubble correction was huge. Prices are down 30 percent from the peak of summer 2006. Prices are now at the same level as they were in November 2003.

However, that last datapoint looks worrying. It is pointing south. Could the market be double-dipping?

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