More Bad News for Banks as Double Dip in US Home Prices is Confirmed by S&P Case-Shiller Index
Posted on May 31, 2011 at 10:18 AM EDT
The double dip in US home prices is here. from S&P’s HousingViews blog: Data through March 2011 show that the National Index hit a new recession low with the first quarter’s data (the prior low was the first quarter 0f 2009, and we define this as the “double-dip”). The S&P/Case-Shiller U.S. National Home Price Index declined by [...]