The following from MoneyGame.com chart of the day. Their article title “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.”
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