The Case-Shiller number is just out, at 5.5% up. More than expected, on a month-to-month basis. One might wonder how this might be happening, given that median income continues to fall. Just saying. Data tends to lag back as much as a year (Census data on median income, for example). Either the recovery is way better than reported data says, or the Banksters are fiddling mortgages again.
29 January 2013
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