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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: TH who wrote (256689)6/25/2010 11:40:08 AM
From: RetiredNowRead Replies (2) | Respond to of 306849
 
ECRI's Weekly Leading Index dropped again to -6.9% and last week's was revised downwards to -5.8. So the slowdown continues. The trend can now be said to be pronounced and persistent. I guess we're just waiting for pervasive before ECRI will start talking about a double dip scenario in the cards. I am just amazed that the S&P 500 has held up so well. We should be below 1,000 based on fundamentals.