CHART OF THE DAY: The Housing Triple Dip

A little more perspective on that bummer of a Case-Shiller report.

Housing has now done what could arguably be called a triple dip.

Since housing really began to tank, there have been two notable bumps, which each time seemed, perhaps, to represent the start of an uptrend in housing.

But ... still no dip. We've now had three dips, including the big one.