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A Framework That Provides Clarity

During periods of “low visibility,” confusion reigns: for every indication of one trend, there seems to be a countertrend. The key is to glean from the collective wisdom of reliable leading indicators a clear signal that the economy is headed for a turn.

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Dec 31 2012

What’s to Come for Home Prices?

With many hoping for sustained U.S. economic growth, climbing home prices have become a key source of optimism that the housing market will bolster the economy. Conversely, others have a view that the housing market has yet to bottom.

With the update of ECRI’s Leading Home Price Index, our latest report provides clear direction as to what lies ahead, including whether home prices will continue to increase in the coming months.

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The Tell-Tale Chart

ECRI December 7, 2012

Reviewing the indicators used to officially decide U.S. recession dates, it looks like the recession began around July 2012. More