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dexterbland makes a good point. There is information in the recent numbers that indicateds the rate of price declines is decelerating. There is also some indication that inventories in some of the harder hit markets might be topping out. Here is a link to what I wrote yesterday.
Jul 30 12:00 pm
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All Comments by Tom Lindmark »May Case-Shiller Housing Numbers [View article]
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It contains some links to other blogs and articles on the topic.