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News Link • Housing

Chart of the Day: The Link Between Unemployment and Housing

This graph suggested to me that house prices would not bottom in real terms until the unemployment rate had peaked - and probably later (the recent housing bubble dwarfed the previous housing bubbles, and the bust will probably take some time). Real prices, as measure by LoanPerformance, hit new lows in February, although real Case-Shiller prices are still fractionally above the lows of last year. I expect further declines in both indexes later this year, and this graph suggests that real house prices are probably still 10% or more too high on a national basis.

1 Comments in Response to

Comment by Oyate
Entered on:

 Hi everyone this is the fake Oyate nau alot of you have problems with me especially when you take into consideration that I AM THE ONLY ONE POSTING AS THE FAKE OYATES HANCOCKS AND POWELLS HERE.

Well this coward now has an e-mail address for you to send all your hate mail and death threats to.

I can be reached at :

Please if you feel like calling me a coward now go ahead i am i will not give out my name or phone number but maybe if you ask nicely i can give you the SPLC number again.

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