Home Prices & Inventories

Love businessinsider.com & their "Chart of the Day" services.  Here's a couple from the MoneyGame section.  You can subscribe for email blasts.

This chart plots the year-over-year change in the 20-city composite, and as you can see, the decline accelerated again, hitting the fastest pace since 2009.
(source -- moneygame chart of the day)

Last week, the NAR reported disappointing existing homes sales.  Here's what makes the number particularly ominous:  Housing supply is continuing its sharp "v" pattern, as it shoots towards 10 months.  As long as this is going up, expect more headaches, lower prices, and overall housing market misery. (via Calculated Risk)

(source -- moneygame chart of the day)