I see a negative slope over the last 4 months. We can't definitively say that the negative slope will continue but we can definitively say that nominal housing prices have recently decreased. Without government intervention this is likely to continue. The chart that iwog so generously share contradicts what he is typing.
What a waist of our money. So this actually hurt people who were driven to purchased a home due the the tax credit and tax payers. The only people who win are the real estate brokers and those who scammed the system for fraudulent claims.