| While it’s been a perennial rite of spring for some economists to predict that housing markets would hit bottom, very few at the beginning of 2012 foresaw the housing rebound that many U.S. housing markets experienced last year.
A few analysts, of course, did offer housing forecasts at the beginning of the past year that turned out to be largely correct. What’s more: some of these analysts had also accurately forecast the housing sector’s slowdown as the market neared its peak in 2005 and 2006...............................................Full Article: Source
|