Standard & Poor’s reports that home prices in the U.S. fell for the eighth straight month, dipping below their prior post-housing bubble burst low of early-2009 and providing confirmation that the housing market is now officially in a “double-dip."
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The two red arrows in the chart above marking the old and new post-crash lows for the national home price index are what markets will be mulling over. So far, they don’t seem to be too concerned.
