The Case Shiller 20 City Home Price Index fell yesterday 18.97% y/y. Now, this decline was the biggest as far as this cycle is concerned. Biggest drop was in Phoenix, Vegas, San Fra, Miami and flashy LA.
Cheap housing in the US, someone is asking. Cheaper by the day, my dear.
Cheap housing in the US, someone is asking. Cheaper by the day, my dear.
Some figures: US March ISM from 35.8 to 36.3%, US March new orders index from 33.1 to 41.2%.
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