Home prices fell in 13 of 20 cities in January, paced by a 3.4 percent decline in Minneapolis, a 2.4 percent drop in Seattle, and a decline of 1.9 percent in San Francisco. On a year-over-year basis, Phoenix saw the biggest drop, down 9.1 percent, followed by a decline of 8.1 percent in Detroit, and prices fell 7.8 percent in Portland. source Economics, as a branch of the more general theory of human action, deals with all human action, i.e., with mans purposive aiming at the attainment of ends chosen, whatever these ends may be.--Ludwig von Mises
Showing posts with label cas. Show all posts
Showing posts with label cas. Show all posts
Wednesday, March 30, 2011
Housing Double Dip?
Home prices fell in 13 of 20 cities in January, paced by a 3.4 percent decline in Minneapolis, a 2.4 percent drop in Seattle, and a decline of 1.9 percent in San Francisco. On a year-over-year basis, Phoenix saw the biggest drop, down 9.1 percent, followed by a decline of 8.1 percent in Detroit, and prices fell 7.8 percent in Portland. source
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