Market Mover Tuesday: Case Shiller Housing Index: down 18.1 % y/y; insured defaults rising…

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Market Mover Tuesday: Case ... from moderateinthemiddle.wordpress.com
Pace of declines slowing? It would be a start on a bottom…..talk about a stretch for good news though, the rate moderated from a y/y drop of 18.7% to a y/y drop of 18.1%, a .06% improvement, nothing to write home about, pardon the pun….CNBC:…The index of 20 metropolitan areas dipped 0.6 percent in April [...]
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Pace of declines slowing? It would be a start on a bottom…..talk about a stretch for good news though, the rate moderated from a y/y drop of 18.7% to a y/y drop of 18.1%, a .06% improvement, nothing to write home about, pardon the pun…. CNBC: …The index of 20 metropolitan areas dipped 0.6 percent in April [...]
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