Both news and comments about housing will take a back seat this week to the debt ceiling and deficit talks in the US and on-going worries about national debts in Europe. It’s not that no one cares about housing any more — although there may be a limit to how much accumulated bad news people [...]
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Housing: A plus or minus for the economy?
Questions from reporters over the last week, since the S&P/Case-Shiller Home Price Indices were reported on August 30th, were bearish. One slightly positive comment was that housing is doing better than the stock market. Another attempt at optimism came from a journalist who wanted (or his editor wanted) an article that now is a good [...]