To sum up the latest Case-Schiller Housing Price Report, the good news is that the bad news is not quite as bad as it was. But the bad news is that Atlanta, Las Vegas, Chicago, Portland and New York have hit new lows as home prices in these cities continue a slow but steady slide.
Lagging Home Sales And Poor Jobs Report Play On Each Other
The jobs report released on April 6th, posted much lower than expected numbers. After February numbers had managed to reach the 200,000 mark, it was assumed (there’s that word again), that the March report would indicate a job market that was beginning to show signs of life. But instead, the report was a disappointing 120,000 new jobs.