Data released on Tuesday revealed a decline in manufacturing and consumer confidence, and a rise in the price of single-family homes, as shown on the graphs below.

ECRI's COO Re-iterates that a 2012 U.S. Recession is Imminent
ECRI's COO Re-iterates that a 2012 U.S. Recession is Imminent
ECRI's COO Re-iterates that a 2012 U.S. Recession is Imminent

This latest data on the increase in the price of homes is at variance with declining home sales, as noted in my post of March 26th,and a decline in the purchase price of homes with…

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