October 9, 2012

NO. NEXT QUESTION? CNBC: Is The Housing Recovery As Robust As The Headlines? Bottom line, after all the happytalk: “Recoveries, with attendant price increases, were anticipated in the spring and summer of 2009, 2010 and 2011; by the fall and winter the predictions of price changes were amended to reflect further price declines. In actuality, after netting out the seasonal factors, home prices have been little changed in the past few years.”

UPDATE (From Ed): Well, it’s as robust as CNBC’s headlines

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