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US property prices to fall in 2012

Posted on 04 January 2012

Recently Zillow released its December Home Price Expectations Survey. The results are anything but promising for the American property market, at least until late 2012 or early 2013.
According to the survey, the price of residential property is likely to decrease by about 1.57% in the last three months of 2011. The prices are expected to tumble further down until the latter part of 2012 to the first quarter of 2013………………………………………..Full Article: Source


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