Tuesday, June 19, 2007


Here's an interesting look at U.S. Home Price Performance expectations over the next year (as also referenced by WallStreetFighter). Based on the CME Housing Futures (the Composite being -3.3%) Las Vegas is expected to fare the worst (-5.6%) while San Francisco is expected to decline the least (-3.0%). Also are some charts of the historical year-over-year monthly percent change in the actual home-price figures for the 20 cities. "These charts paint a pretty good picture of the severity of the declines in home price appreciation across the board. The one exception is Charlotte, where a decline has yet to take place."
Grace Cheng also provides some data on the murkiness of the U.S. Housing market.

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