ANALYSIS, COMMENTS, THOUGHTS, AND OTHER OBSERVATIONS IN DR. SKOSPLES' NATIONAL INCOME AND BUSINESS CYCLES COURSE AT OHIO WESLEYAN UNIVERSITY
Wednesday, September 22, 2010
Home Prices Down Again
Prices fell again on homes in the US for the second straight month in July, as the mortgage loan companies Fannie Mae and Freddie Mac both saw losses for the month. Being the second month that this has happened, are these signs of a double-dip recession with the overall "slow-but-steady" growth in domestic markets? Or just a continuation of the recession that has been going on for a couple years?
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