Housing Market Flashing Red, New Orders & Production Slump, Consumer Confidence Falls Sharply! ‘Wait for one more bounce in stocks before a broad decline’

Tuesday, September 30, 2014
By Paul Martin

Investmentwatchblog.com
September 30th, 2014

Home Prices Unexpectedly Fall

The July S&P/Case-Shiller home price index showed prices fell 0.5% over last month against expectations for no growth.

On a year-over-year basis, home prices rose 6.75%, also less than expected.

Expectations were for prices to be flat month-over-month and rise 7.4% on a year-over-year basis.

Last month, the June report showed home prices unexpectedly fell 0.2% month-over-month, while home prices rose 8.1% year-over-year, a 17-month low.

The Rest…HERE

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