US home prices in double dip

posted by
May 31, 2011
Financial Times [UK]    
Posted in News

"US home prices slumped for an eighth straight month in March, dropping below the bottom previously recorded in the housing bust in a sign of the persistent weakness of residential real estate. A separate report showed consumer confidence sagged in May as Americans grew more pessimistic about the job market and inflation expectations rose." (05/31/11)  

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