Home prices may fall 20% in double dip
Aug 20, 2010
Home prices in the U.S. may decline 20% and not recover until 2012 in the event the economy slips back into recession, Moody’s Analytics said.
The odds of a double-dip contraction have risen to one in four from almost one in five, Moody’s Analytics said in a report this month.
Read more: http://www.freep.com/article/20100810/BUSINESS07/8100332/Home-prices-may-fall-20-in-double-dip#ixzz0x8I8LXYB
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