Quotes of the Day

Housing Market mortgage
Wednesday, Dec. 26, 2007

Open quoteNo matter how you look at these data, it is obvious that the current state of the single-family housing market remains grim.Close quote

  • Robert J. Shiller
  • chief economist at MacroMarkets, after house prices fell 6.7% in October, making it a record drop
Photo: Paul J. Richards / AFP / Getty | Source: CNNMoney