Saturday, February 26, 2011

C-S = Home prices in 20 major US cities fell in 2010 = Housing Remains Weak

[mEDITate-OR:
think that everyone sees that same things the same way...
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The 1st chart, graph & article are from FinFacts, our Irish incite.
All the rest of the charts are from Sold on the Top as are the last two articles.
The same data, from the same Case-Shiller Report this month.
Extremely different economic views.
What they all show U.S. is that the Buyer's Tax Credit programs temporarily stopped the collapse. But, without doing anything to try to continue the progress we WERE making, the double dip tis upon U.S.
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11 markets - - Atlanta, Charlotte, Chicago, Detroit, Las Vegas, Miami, New York, Phoenix, Portland (Oregon), Seattle and Tampa - - hit their lowest levels since home prices peaked in 2006 and 2007. We have seen more markets hit new lows in each of the past three months.
Phoenix prices have fallen back over 10 years to the level of late 1999.
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------------     % change

----------     Yr 2 Yr

----------    Mo 2 Mo

------   Last vs this time - guess

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C-S = Home prices in 20 major US cities fell in 2010
http://www.finfacts.ie/irishfinancenews/article_1021693.shtml
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S&P/Case-Shiller: Housing Remains Weak
http://seekingalpha.com/article/254198-s-p-case-shiller-housing-remains-weak?source=dashboard_macro-view
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Housing Slumps On
http://seekingalpha.com/article/254063-housing-slumps-on?source=dashboard_macro-view
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