Home Prices Fall, Hitting New Low

Tuesday, May 31, 2011

The S&P/ Case Shiller index shows that housing prices in 20 areas fell in March, reaching a new low. "the reality is that housing activity, broadly speaking, is pretty depressed," says Kelly Evans, "Ahead of the Tape" reporter for The Wall Street Journal. The worry for the economy is a deflationary mindset in the housing market, which keeps people from buying and keeps the economy from growing.


Kelly Evans

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