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A lost decade in the housing market

Posted on 26 September 2011

A survey conducted for MacroMarkets LLC, a financial technology company co-founded by Yale University economist Robert Shiller, found that economists expect home prices to drop 2.5 percent this year and rise only 1.1 percent annually through 2015. Currently, prices are down nearly 32 percent from their peak in 2005.
If this is the case, economists are essentially forecasting a lost decade for the housing market…………………………………………Full Article: Source

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