Housing Hiccups Cast Shadow On Rebound Hopes

Home prices in 20 U.S. metro areas are now as low as they were nine years ago, according to this week's Case-Shiller Home Price Index.

“From home builder sentiment to housing starts,” writes Diana Olick of CNBC, one of the more sensible observers of the housing market in the mainstream press, “to home builder earnings right through to sales of newly built homes, there was not one hopeful headline in any of it…”

(more on housing's lackluster numbers . . . )