Monday, September 01, 2008

Trend in Monthly Value Decline Continues to Slow

WHEW...that's a mouthful! Last month we noted that the decline in prices slowed for the first time since October of last year. This trend continued for the period ending 30 June according to the Case-Shiller Value Analysis just released.

We're not out of the woods yet as far as price softening is concerned but this is an encouraging sign of the turnaround that will eventually occur.

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