Economist Reports the Housing Market Double Dip is Beginning

Retail Sales Rose 0.5% in July. On the inflation front, import prices were unchanged in July, while export prices declined 0.5%. The drop in export prices was due to farm products, with soybean prices falling 14.1% and farm products down 5.3% overall, likely the result of recent trade disputes.

Roubini: ‘Housing Prices Can Only Move Down’. According to economist Nouriel Roubini, the housing market is in a double dip. And negative Case-Shiller Home Price numbers out today only confirm that unpleasant truth. "It’s pretty clear the housing market has already double dipped," says Roubini.

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He believes that ongoing U.S. economic expansion will lift the S&P 500 to 3,000 by the end of 2019. Several other market analysts. SCVL’s new loyalty program is beginning to bear fruit; sales to.

Economist Nouriel Roubini says the chances of a double dip recession have increased given the market plunge, weak housing market and structural weaknesses in the economy.

After years of soaring price hikes, bidding wars, and a dearth of homes for sale, is the housing market beginning to shift toward a buyer’s market?

HousingWire News Podcast: If your lending tech isn’t what Millennials want, can you survive long-term? Read the latest headlines, news stories, and opinion from Politics, Entertainment, Life, Perspectives, and more. breaking news tap here to turn on desktop notifications to get the news sent straight to you.Home price stall-out spreads from lower-priced homes to higher end The housing recovery has pushed home prices higher. growth in mortgage applications was mostly at the high-end of the market, but now we’re seeing growth at all levels, including the lower-priced.

It’s official: The housing crisis that began in 2006 and has recently entered a double dip is now worse than the Great Depression. Prices have fallen some 33 percent since the market began its collapse, greater than the 31 percent fall that began in the late 1920s and culminated in the early 1930s, according to Case-Shiller data.

Economist: Housing Market Nears Double Dip. More ways to share. Sales of new homes fell unexpectedly to their lowest point on record in February, in part because stormy winter weather kept buyers away. The results pointed to the housing industry’s struggle to rebound from the worst slump in decades.

After rebounding in 2009 and 2010, national home prices have sagged to another low in what housing experts are calling a "double dip."Falling for the eight consecutive month, the S&P/Case-Shiller.

“We have always described the difficult environment of the last couple of months as more of a soft patch than evidence of a double-dip,” said Leo Abruzzese, global forecasting director at the.

“This time they used an overwhelming amount of force to boost the economy,” said Larry Hu, chief China economist at Macquarie Group. “That is why the economy stabilized in the first quarter.” The.

Growing pains for Mr. cooper? nonbank takes big loss thanks to lower interest rates Growing pains for Mr. cooper? nonbank takes big loss thanks to lower interest rates Mr. Cooper grew its business significantly in the first few months of the year, closing the acquisitions of Pacific Union Financial and IBM’s Seterus mortgage servicing platform in the first quarter alone. But despite all of that, the nonbank formerly known as Nationstar Mortgage still took a big financial loss in the first quarter, due to lower interest rates.