Read a little. Learn a lot. • Tightly-written news, views and stuff • Follow us on TwitterBe a Facebook FanTumble us!
 

Posted on May 31, 2011 | tags

 
 

Biz: Key economic indicator: Homes see double-dip in prices (uh-oh)

  • bad The Standard & Poor’s/Case-Shiller home pricing index, a key economic indicator which compares home prices in the top 20 U.S. markets, fell heavily in March compared to a year earlier.
  • worse The numbers confirm a double-dip in home prices (below April 2009’s previous nadir), which could spell bad news. Does a double-dip in home prices mean a double-dip for the overall economy? source