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Strategies & Market Trends : News Links and Chart Links

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Nov 12 4:00 PM EST

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To: Les H who wrote (14124)	11/3/2006 9:19:36 AM
From: Return to Sender	Read Replies (1) of 29595

COTD - Chart of the Day - Housing Prices Break Upward Trend: chartoftheday.com Recent press reports suggest that the US real estate market is slowing. For some perspective, today's chart illustrates the US median price of a single-family home over the past 36 years. Thanks, in part, to low long-term interest rates, the trend over the past decade has been impressive. Not only did housing prices increase at a rapid rate, the rate at which housing prices increased - increased. That brings us to today's chart which illustrates how housing prices have just dropped below their accelerated upward trend. Stay tuned... Notes: - Will housing prices drop further? The answer may surprise you. Find out with the exclusive charts of Chart of the Day Plus.

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