On Fri, 31 Oct 2008 22:42:47 -0400, "Ed Huntress"
wrote:
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That's the third month in a row that inflation has dropped
snip
Not to quibble but its disinflation when the rate of increase
slows. Deflation is where the actual value of money increases.
http://en.wikipedia.org/wiki/Disinflation
It can be argued that the fall in the house value indicates a
deflation, but this would be inconsistent with the way the
increase in house costs did not count toward the inflation
numbers.