US house prices fall sharply again

A quick update on my previous post, “How bad will the credit crunch get?“: the May figures for the Case-Shiller house price index featured in that graph are out, and they are down again. The index now stands at 186.06, compared to 226.29 at its peak in June 2006 and with 200.76 in December 2007. US house prices are now at the lowest level since September 2004.

Read more by .
This entry was posted in LDVUSA.
Advert

Post a Comment

Lib Dem Voice welcomes comments from everyone but we ask you to be polite, to be on topic and to be who you say you are. You can read our comments policy in full here. Please respect it and all readers of the site.

To have your photo next to your comment please signup your email address with Gravatar.

Your email is never published. Required fields are marked *

*
*
Please complete the name of this site, Liberal Democrat ...?

Advert

Recent Comments

  • Jana
    “ A less rigidly pre-Keynes orthodox financial strategy…” Was this a typo? Did you mean ‘pro-Keynes’? As I understand it, pre-Keynes financial o...
  • Jana
    I’m afraid I don’t like us spending time attacking ReformUK on issues around party funding - this is the type of stuff that just turns off voters who end up...
  • Jennie
    He's Temu Starmer and I never expected him to be anything else...
  • Peter Davies
    "“the majority of voters support tightening eligibility conditions” i.e. means-testing." - Not necessarily. They may well support more stringent testing of ...
  • Peter Davies
    "The taper can’t be abolished, but there could be more than one taper, with it being higher on higher earnings." There is. Income tax and NI effectively incre...