Update on the Splendid Housing Bubbles in US Cities
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter A story of spikes and new flat spots. Home prices on a nationwide basis rose 6.3% from a year earlier (not seasonally-adjusted), according to the S&P CoreLogic Case-Shiller National Home Price Index for December, released this morning. The index has now surpassed by 6.3% the crazy peak of Housing Bubble 1 … Read more