nytimes.com - 11/24/2008
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The median sales price plunged 11.3 percent from a year ago to $183,000, and sales of existing homes fell more than expected, a real estate trade group said. >
online.wsj.com - 11/19/2008
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online.wsj.com —
WASHINGTON -- U.S. consumer prices took the biggest
plunge in 61 years during October, pulled down by
a sinking economy that evidence suggests is sending inflation into retreat. Separately, home construction took its fourth tumble in a row during ...
(more)
Consumer Prices Decline in October; Housing Starts Sink ...
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Where's the Bottom?
Talking Points Memo —
... A lot to chew on in the new housing numbers out this morning from the National Association of Realtors. The drop in the average price of homes, 11.3 percent since last October, was the largest since the group began keeping records in 1968. Sales of previously owned homes fell 3.1 percent. ...
Monday's Mini-Report
Political Animal —
... today. This, combined with Friday's gains, mark the Dow's biggest two-day percentage gain since October 1987. * Home prices plunged in October. * Rep. Virgil Goode (R-Va.), one of Congress' most offensive members, was ...
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Finance
biz.yahoo.com 10/24/2008 — COLUMBUS, Ohio (AP) -- Crude tumbled Friday and the price for a gallon of gasoline fell below year-ago levels for the first time in 2008, even as OPEC announced a huge production cut in an attempt to halt the declines. Crude prices have now fallen 56 ...
Existing, New Home Sales Plunge
online.wsj.com 12/23/2008 — WASHINGTON -- Sales of both new and existing homes tumbled in November, and prices continued to fall, as a plunging stock market and a sharply deteriorating economy drove consumers out of the market. Sales of existing homes, which include ...
Home prices post record 18% drop - Dec. 30, 2008
money.cnn.com 12/30/2008 — NEW YORK (CNNMoney.com) -- Home prices posted another record decline in October, falling 18% compared with a year earlier, according to a closely watched report released Tuesday. The 20-city S&P Case-Shiller index has posted losses for a staggering 27 ...
Big is back: As pump prices plunge, SUV sales surge -
dailypress.com 12/31/2008 — NEWPORT NEWS - It looks like the Highlander is in and the Prius is out — for now at least. Trucks and sport utility vehicles will outsell cars for the first time since February, according to a December report by Edmunds.com, which tracks industry ...
Home Prices Post 18 Percent Annual Drop
huffingtonpost.com 12/30/2008 — NEW YORK — A closely watched index shows home prices dropped by the sharpest annual rate on record in October.
The Standard & Poor's/Case-Shiller 20-city housing index released Tuesday fell by a record 18 percent from October last year, the largest drop since its inception in 2000. The ...
Re Oil Prices
corner.nationalreview.com 12/18/2008 — Iain -- Venezuela, Iran, and Russia are indeed being hard hit by falling oil prices and that is good -- the less discretionary income they have to spend on terrorism and other mischief, the better. So let's consider what we can do to keep prices ...