The Lost Decade in USA Housing

Calculated Risk has a good post where they discuss American housing numbers.

In nominal terms, the Case-Shiller National index is back to Q3 2002 levels, the Case-Shiller Composite 20 Index (SA) is back to June 2003 levels, and the CoreLogic index is back to March 2003.

 Read the full post here: http://www.calculatedriskblog.com/2011/07/update-real-house-prices-and-price-to.html

The Shira Ovide from the Wall Street Journal said in March that the double dip in housing is here and looking at the chart above, I'd have to agree.

http://blogs.wsj.com/deals/2011/05/31/what-does-the-housing-double-dip-mean-for-banks/