Oil 1, Housing 0
Despite having rudely forced its way into the Fed's and government's attention spans, the US housing crash appears no more likely to be resolved any time soon than the soaring price of oil.
Score so far: oil 1, housing nil. Bring on the S-word cheerleaders.
Two bits, four bits, six bits, a dollar!
All for stagflation stand up and holler!
Case-Shiller: National House Price Index Up 5.4% year-over-year in June;
FHFA House Price Index Declined Slightly month-over-month in June
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Today, in the Calculated Risk Real Estate Newsletter: House Price Weekend:
Case-Shiller: National House Price Index Up 5.4% year-over-year in June
Excerpt:...
2 hours ago
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