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Wednesday, July 30, 2014

Case-Shiller Home Prices Tumble Most Since Dec 2011, Miss 2nd Month In A Row

But it was supposed to be the weather? S&P/Case-Shiller home prices dropped in May and missed expectations for the 2nd month in a row. Against a forecast rise on 0.3%, prices dropped in May by 0.3% - the biggest drop since December 2011. It appears we are going to need more Chinese hot money flow buyers.

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