"This morning’s new home sales report and the FHFA House Price Index are confirming that housing is indeed double dipping. According to the latest new homes sales report median prices plunged -13.9% in October to $194,900. The average price fell -8% to $248,200. Supply of new homes rose sharply to 8.6 months..."
at http://www.businessinsider.com/the-fhfa-confirms-that-the-housing-double-dip-is-here-2010-11?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29
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