Case-Shiller Joins the Indices Saying Home Prices Are Down in November 2010

The USA could be on track for a second seasonal dip as seen in the last two winters. This winter the dip could go below April 2009 prices and become a true double dip for the cycle. (Econintersect is in this camp). Finally, NAR optimism could be rewarded and there could be a pause in home price decreases.