Few Signs of Housing Recovery — St. Louis FED

Written by Gary North on December 30, 2011

The Federal Reserve Bank of St. Louis provides the most comprehensive statistics and analyses of the Federal Reserve System. The latest report on housing offers little hope. Higher delinquencies and foreclosures have been a consistent feature of the mortgage market since 2005. Figure 1 shows the increasing foreclosure rates for the past two years. As […]

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