CHART OF THE DAY: The Housing Double Dip Continues

button more charts
button chart prev
button chart next

Case-Shiller beat expectations year-over-year but missed on monthly growth for July.

The 20-city composite declined 4.1% year-over-year, which is better than the expected a 4.5% decline. 

Prices were flat from June on a seasonally adjusted basis at 0.05%. Economists were expecting a 0.1% increase.  

Despite the year-over-year improved number, the housing double dip is still on and will continue as volatility was off the charts in August and September.

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.