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Housing Continues To Be A Bust
We had the S&P Case-Shiller Home Price Index released at 9am EST today. The year over year (y/y) reading came in at -1.9% (y/y), non-seasonally adjusted, versus a consensus expectation of -2.3%...
There are many whom have been preaching that rates cannot continue to be suppressed at the rate at which they have been for over the past year and continue to be. But...