Relevant:
2012-04-28 — businessinsider.com
The annual house price and sales volume "bottom" has passed again. Feb & Mar NAR median and average prices reflect this. Beginning next month the monthly Case-Schiller will begin rising sequentially.
But an "annual" bottom and "the bottom" are two different things. When a major asset class has "bottomed" four years straight it's a fairly powerful sign and trend. Fool me once, shame on me; fool me every futher mucking year and call me a 28 year-old MBA employed by the sell side, or a blogger with a bad memory and database.
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