Originally published on Fri May 18, 2012 8:11 am
At this time five years ago, the white-hot U.S. housing market was starting to cool. Before long, it would slip into a deep freeze.
The thaw still hasn't come. The latest statistics show residential real estate prices are continuing to drop — a trend that could have a long-lasting impact on the net wealth of younger homeowners who bought property during the housing bubble.
Read more