The US housing market is experiencing a slowdown as The Fed withdraws it outragous monetary stimlus.
The Case-Shiller 20 metro house price index grew at a rate of 036% year-over-year (YoY) in February.
Drifting into darkness, we have the West getting battered with my old hometown of San Francisco leading the pack at -10% YoY with Seattle down -9.3% YoY.
You know things are bad out west when Cleveland, Detroit and Chicago are gaining ground in prices. And Miami was up 10.8% YoY.
You must be logged in to post a comment.