Here, according to CME housing futures based on S&P/Case-Shiller home prices indexes, was the outlook for prices in the "big ten" markets as of last month:
Here's where we stand today:
Gotta hate that.
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Policy Hub: Macroblog provides concise commentary and analysis on economic topics including monetary policy, macroeconomic developments, inflation, labor economics, and financial issues for a broad audience.
Authors for Policy Hub: Macroblog are Dave Altig, John Robertson, and other Atlanta Fed economists and researchers.
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The Bottom Moves