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Weakening U.S. Home Price Trend Continues

Company Name:  S&P Indices

Upload Date: 26th-Jan-2011
Views: 757
Domain:  Business; Category: Leadership & Strategy; Subcategory: Economic Trends
Release Date
26th-Jan-2011
 
News Release Summary:  With these numbers more analysts will be calling for a double-dip in home prices. The series are now only 4.8% and 3.3% above their April 2009 lows, suggesting that a double-dip could be confirmed before Spring. Certainly nine cities setting new lows, and with the only positive news concentrated in southern California and Washington DC, the data point to weakness in home prices... says David M. Blitzer, Chairman of the Index Committee at Standard & Poor's  
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Domain:  Business; Category: Leadership & Strategy; Subcategory: Economic Trends
Upload Date: 26th-Jan-2011  Click On Above Link To See More

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