Soaring Unemployment Means No U.S. Housing Market Bottom

[Joseph Burkeson, CMI]

Soaring Unemployment Means No U.S. Housing Market Bottom

California Association of Realtors C.A.R. Data

The following chart is from my friend "TC" who has been monitoring California Association of Realtors (C.A.R.) and DQNews data. C.A.R. data contains resale single family residences and new homes. DQNews data contains resale single family residences and new homes.



Excerpt: http://www.marketoracle.co.uk/Article8604.html

[wsiegel]

Thanks for the good news Joe (even though it is correct). Prices in Broward county are tumbling like you would not believe.

[Steve Taylor]

Joe,
You're bringin me dowwnnn!