The Reuters piece here and the BusinessWeek piece here look like they contradict each other regarding the latest S&P/Case-Shiller report on housing. But they appear to say the same thing in different ways: The housing crunch seems to be easing nationwide.

The confusion comes from whether they look at seasonally or non-seasonally adjusted numbers.

The bottom line: There are signs of improvements.

Your thoughts? Are we reading this wrong?

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