CHART OF THE DAY: Your Dreams Of A Housing Rebound Just Got Smashed

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Maybe Robert Shiller—who just told us that there’s no housing rebound on the horizon—is right.

His own housing index, the Case-Shiller Home Price Index, came out this morning, and it will dash the hopes of people who think we’re on the cusp of a rebound.

After a little blip upwards, prices resumed their downward slide in November.

Depressing.

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