30.06.2009 - U.S. ‘may be seeing bottoming’ of home prices, Lockhart says

From Bloomberg: Fannie Mae and Freddie Mac’s federal regulator said home prices may be “bottoming” in the U.S. as government efforts to bolster the market gain traction. “We’re in a process where we may be seeing some bottoming,” James Lockhart, director of the Federal Housing Finance Agency, said in an interview on CNBC........Full Article: Source

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