Home values posted the largest decline in the first quarter since late 2008, prompting many economists to push back their estimates of when the housing market will hit a bottom.
Home values fell 3% in the first quarter from the previous quarter and 1.1% in March from the previous month,
Correcting misconceptions about markets, economics, asset prices, derivatives, equities, debt and finance
Monday, May 9, 2011
First Quarter Home Prices Tumble
Posted By Milton Recht
From The Wall Street Journal article, "Home Market Takes a Tumble: Turnaround More Distant After 3% Drop, Steepest Quarterly Decline Since 2008" by Nick Timiraos and Dawn Wotapka:
Subscribe to:
Post Comments (Atom)
Thank you for sharing this information. It has helped me to know more about apply for home loan
ReplyDelete