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Wednesday, August 31, 2011

The Housing Double Dip Continues

From businessinsider.com

Ignore the slight increase for home prices in the month of June. The real story in Case-Shiller housing numbers is the big year-over-year decline.

The national index fell 5.9% from June 2010, its fastest rate of decline since 2009. The 10- and 20-City indices declined 3.8% and 4.5%, respectively.

chart of the day, case-shiller june stats, aug 2011

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