New Housing Chart to Ponder
I created this chart with newly released (30 June 09) Standard and Poor/Case Shiller housing data - selecting a few cities of interest. Problem is: I don't see a floor OR green shoots anywhere.
Vegas and San Fran have even fallen back to 2000/01 price levels - Gee, think I actually forecasted this... (link 1, link 2)
BTW: Anyone else catch which way the trend line is heading? How about a bottom - any bottom in sight?