Wednesday, July 9, 2008

June Home Sales & Prices

84% of Nation's Housing Market Declined in Q1 2008
[MarketWatch]

Homeowners on losing end
[San Jose Mercury News]
The equity Americans have in their most important asset - their homes - has dropped to its lowest level since the end of World War II.

Case-Shiller: House Prices Fall 14%
[WSJ.com: What's News US]
New Home Sales Fall 42%
[The Big Picture]



Through The Floor -- Echoes of the Great Depression
[The Economist]