Existing Home Sales, Double-dip Recession | featured news

(Image from article: "Existing Home Sales Dive 27.2% to 15-Year Low")

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Existing Home Sales Dive 27.2% to 15-Year Low

Buying activity in the residential real estate market slowed dramatically in July, according to a report released Tuesday by the National Association of Realtors. The dramatic plunge is yet another sign the U.S. economy may be heading toward a slowdown or double-dip recession.

Senh: What is a double-dip recession (and why would anyone want to double-dip a recession)? A recession within a recession? Does time slow down in a recession within a recession, like it does in dreams in "Inception?" Try reading this really fast.

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