This is a heathy housing market, NOT!

This from Standard & Poor’s Case-Shiller Home Price Indices, the leading measure of U.S. home prices.

Once again, the indices have set new records, with annual declines of 17.7% and 16.6%, respectively. However, the acceleration in decline was only moderate in August. The July data reported annual declines of 17.5% and 16.3%, respectively.

Taken from MISH’S
Global Economic
Trend Analysis

By what |