One of the key questions is: Will house prices fall as the government support for housing eases? From CNBC: Housing Prices May Be Heading for a Double Dip
Anyone thinking housing prices have reached a bottom had better do some recalculating. Despite Tuesday’s Case Schiller report showing smaller declines in January, housing prices may already be in another free fall.
Newly revised numbers are pointing to the decline.
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See Also:
- Shiller: 50-50 Chance For A Double Dip In Housing Market
- Finally — Everything You Wanted To Know About Today’s Crappy Housing Numbers
- Map Of The Day: Why Michigan’s Housing Market Is The Saddest Housing Market There Is