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Home Publications Blogs Beat the Press News of Falling House Prices Makes it to the NYT

News of Falling House Prices Makes it to the NYT

Saturday, 04 December 2010 09:10
Floyd Norris has a nice piece reporting on the recent patterns in house prices. He notes that the sharpest run-up in prices occurred at the lower end of the market and that these houses have also seen the sharpest price declines and that this process is continuing now.
Comments (2)Add Comment
written by Rianne, December 04, 2010 9:15
This is great news for those looking for a new place and bad news to the housing industry.
Housing prices falling?
written by Scott ffolliott, December 04, 2010 8:12
Housing prices falling?

Ah, but housing prices always raise and that is how the ownership society works.

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About Beat the Press

Dean Baker is co-director of the Center for Economic and Policy Research in Washington, D.C. He is the author of several books, his latest being The End of Loser Liberalism: Making Markets Progressive. Read more about Dean.