Housing Not "Bottoming," Says Tilson: Another 10%-15% Drop To Go Posted May 26, 2009 01:54pm EDT by Henry Blodget There has been a lot of talk lately about a "bottom" in the housing crash, but it's balderdash. As the Case Shiller index confirmed this morning, house prices are still plunging at a 19% year-over-year rate. This is only slightly lower than the record drop of a couple of months ago, and it shows that housing won't "bottom" for a quite a while.
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