Housing Prices Dip for the Fourth Time in Three Years

After the Great Recession, there were some pundits who theorized that real estate would make a W-shaped recovery. With the S&P/Case-Shiller housing prices out this morning, it’s now clear that there are not one but two W’s in the chart — and that’s not a good thing. Index prices fell 1.1% from November to December. In other words, …

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