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Residential Still Crashing

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Every month it seems to get worse. In the most recent reading, the Case-Shiller home price index indicates a 15.3 percent year-over-year decline.

Just. Wow.

Update: In related news, consumer confidence as measured by The Conference Board has dropped to its lowest level since 1992.

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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