US home prices have never been higher according to October's Case-Shiller data - surpassing July 2006's peak.
Home Price appreciation has been oddly stable for the last 30 months - hovering around 5% YoY according to Case-Shiller data...
The 5.1% YoY rise was slightly better than expected, but, with mortgage applications at Lehman lows and mortgage rates spiking to near 3-year highs since this data, the question is.
..
What happens next?
