Economist Reports the Housing Market Double Dip is Beginning

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The U.S. economy is in the midst of its second-longest economic expansion in. California’s housing market is often a leading indicator to the industry as a whole. Seeing sales dip by a double-digit.

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Quantitative easing was expected to work by improving financial market conditions. over and the risk of a double dip has subsided, the economy still faces headwinds as a result of the aftermath of.

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 · ”San Diego County’s new housing market is beginning to look like the TV game show Let’s Make a Deal,’ as. Realtors say Florida’s housing market is suffering. Reports last week showed single-family home sales in June were down 29 percent from 2005, off by as much as 48 percent in Naples.”. the residential real estate market.

Latest ‘double-dip’ report heralds beginning of the end of falling home prices by Broderick Perkins (5/13/2011) Erate Exclusive – The latest report amid the barrage of studies about the so-called "double dip" in housing prices is putting a positive spin on the phenomenon, saying lower home prices are a sign of impending stability and recovery.

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WASHINGTON (MarketWatch) – U.S. home prices fell in March for the eighth straight month, confirming the beleaguered housing market has entered a double-dip recession, according to a closely.

 · The index covers 80% of the housing market, and this month’s report confirmed "a double-dip in home prices across much of the nation," said Blitzer. The housing market went through a brief recovery period starting in mid-2009, recovering nearly 5% of earlier losses. After homebuyer tax credits expired last April, the slump resumed.

Home sales and housing-related spending (for instance, on renovations) don’t usually move in lockstep over the housing-market cycle. real estate commissions and legal costs associated with home sales, however, are highly correlated to sales activity. The lengthy and robust run in home sales led to a tripling of their share of GDP this cycle.

Companies in Europe are beginning to show signs. and offset the downdraft from the housing market. "Definitely there will be more measures to keep growth momentum steady in coming months," said Zhu.