Tuesday, June 26, 2007

PAY ATTENTION

S&P/Case-Shiller Index Says U.S. Home Prices Fell in April for 17th Consecutive Month

NEW YORK (AP) -- U.S. home prices fell for the 17th month in a row with all regions showing the effect of the housing slowdown, according to a housing index released Tuesday by Standard & Poor's.
For April, the S&P/Case-Shiller index that covers 10 U.S. cities fell 2.7 percent from a year ago. It was the steepest decline since 1991.

If you have been reading my blog for some time, you know I WILL be paying attention. Business not DOA, and in future many potential drivers of global economies, but a BEAR MKT could be lurking in the way. LIQUIDITY IS SLOWLY DRYING UP< IMHO

D

1 comment:

Anonymous said...

when they get to the 1991 levels is when I will say "aahhh" !