From Zero Hedge:
For all who claim that rampant inflation is up next, and home price deflation is over, I present the following charts for readers to ruminate on just how much higher existing home sales inventories are relative to some semblance of a trendline...
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More on disastrous housing prices:
Top money manager/analyst: We are still no way near a bottom in housing...
Foreclosure bomb concentrated in four states
Housing prices may never recover