Wednesday, February 17, 2010

Property Values Projected To Fall 12 Percent In 2010


NewObservations.net projects residential real estate prices will fall 12 percent nationwide in 2010.

Our average of four major indexes predicts a total fall in prices of 34% from peak to stable trend. The total fall of 34% is based upon a current loss across four number sets of 19%.

The timing and the total fall vary widely among the data. The most conservative picture of our total fall is a 20% loss. The most radical prediction is that values will fall 51% from peak to stable trend (more)

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