Tuesday, June 14, 2011

At Least The Prices Aren't Falling As Fast!

Via Americablog, a CNBC story on how housing prices have fallen lower than even during the Great Depression.
"The only comfort is that the latest monthly data show that towards the end of the first quarter prices started to fall at a more modest rate," he said. "Nonetheless, prices are likely to fall by a further 3 percent this year, resulting in a 5 percent drop over the year as a whole."

No comments: