| 09.12.2010 - U.S. home prices to fall up to 11pct by 2012, Morgan Stanley says |
| From Bloomberg: U.S. home prices will decline as much as 11 percent as weak demand and rising inventory extend the housing slump into 2012, according to Morgan Stanley. Prices will be as much as 36 percent below their 2006 peak before finding a bottom, Morgan Stanley analysts led by Oliver Chang wrote in a report today. Sales will stay “depressed” through next year amid tightened lending standards, they said..............................................Full Article: Source |