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S&P/Case Shiller Home Price Report, a Dismal Start in 2011

Mar 29, 2011

“Keeping with the trends set in late 2010, January brings us weakening of home prices with no real hope in site for the near future,” Standard & Poor’s David Blitzer said Tuesday in the report. “The housing market recession is not yet over, and none of the statistics are indicating any form of a sustained recovery.

“At most, we have seen all statistics bounce along their troughs. At worst, the feared double-dip recession may be materializing.”

Read the whole Report

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