Although the housing market has stabilized over the last half a year, the chorus calling for a double dip in housing is growing louder as data such as this runs counter to a sustainable recovery thesis.
Some of my real estate reporter colleagues at other media outlets were quite fast to assume this data meant a housing double-dip was upon us.
FORBES: New Housing Data Shows A Springtime Bounce Back, Not A Double-Dip
Important obstacles for Citi include political action, with Dodd-Frank, Basel III, and other regulation beginning to take effect, and a weaker than expected, double-dipping housing market.
Some 210, 000 people are on the waiting list for public housing, about double from 2006.
With all the talk about deflation, double-dip recession, housing troubles and unemployment, it has increasingly become difficult to find Wall Street bulls.
An estimated 28 percent of wealthy real estate investors faced substantial, double digit losses in the housing market last year, according to the latest annual Chinese wealth report from the Boston Consulting Group and China Construction Bank Corp.
For example, when the housing market was on fire and double-digit gains were common in many areas of the country the BLS claimed that the cost of housing was going up by around 2% per year.
So some of the weakness in retailing is double-counting the weakness in housing.
Two, the housing and real estate double dipping.
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In a recent video interview with Steve Forbes, Forbes Editor-in-Chief and host of the Intelligent Investing web video series, Roubini predicts that the U.S. housing market is in for a double-dip recession.
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This new leg in the housing market, which follows a double-dip in prices, began to pick up steam last summer, Blitzer explained, as the indexes marked two consecutive months of increases and investors began to notice residential real estate could go from a drag to actually supporting economic growth.
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Given recent data on housing, corporate earnings and the economy, fears of a double dip recession appear overblown.
Indeed, the last time we saw anything even approaching a 49-month double digit rate string was the 36-month string that gave us the housing boom turn bust turn Great Recession.
Mr. CHIP CASE (Housing Economist, Wellesley College): That's the big danger, double payments and bridge loans and things like that.
Macedonia is already housing nearly 140, 000 refugees -- 68, 000 in six camps, double the camps' capacity -- according to the U.N.
As we have noted in past Monetary Watch commentaries, the run-up to the now infamous housing bubble turn credit implosion turn Great Recession saw a string of 36 months of double digit growth.
To put those numbers into perspective, the run-up to the now infamous housing bubble turn credit implosion turn Great Recession saw a string of 36 months of double digit growth for a cumulative increase of 48%.
As readers of the Monetary Watch are aware, the run-up to the housing bubble turn credit implosion turn Great Recession saw a string of 36 months of double digit growth for a cumulative increase of 48%.
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You've probably got at least another year, maybe, you know, another 18 months of downward pressures on housing prices especially in markets on the coast where you've got these housing prices that have gone up by incredible, unrealistic multiples for several years, double-digit percentage gains in the cost of - or the going rate for a home or for a condo over the last three, four, five years.
Inside you will find a small, tranquil garden housing an old European-style villa with antique tables, unusual statues and six delicious double rooms, all different and all decorated exquisitely.
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