October Housing Data
Submitted by Rich Toscano on November 7, 2007 – 10:56am.
Resale prices, as measured by the size-adjusted median price, were down again last month:
[img_assist|nid=5561|title=case shiller price per sq. ft.|desc=|link=node|align=left|width=466|height=370]
“On a couple threads there has been some back and forth about what is coming in the next few months. Admitting I am in the long and painful decline camp with SD R and a few others. On the other side we have those that believe a large chunk of pricing (10% or more) is about to be taken out of the market quickly (LS2008, Rustico etc.)” June 2007
“Over the last 4 years I have consistently been spot on in predicting every move of the market within the next 6 to 12 and 12 to 24 months.” Nov. 2007
