21.12.2011 - Weak housing recovery seen in 2013
Home prices will likely continue to fall through next year, before finally beginning a weak recovery in 2013 or late 2012, according to the views of over 100 economic and real estate experts. The group, surveyed this month by Zillow Inc., sees home prices falling another 0.2 percent from their current level before a bottom is finally reached. From there, the group sees prices rising by only 1.75 percent in 2013 followed by continued slow growth, with a total increase of only 9.3 percent through the end of 2016...............................................Full Article: Source
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