Home prices will slip further over the rest of the year, before beginning to rebound in 2012, according to a forecast by a leading housing market analyst. ... The fate of the housing market is crucial for the economy as a whole. The Great Recession was triggered by a massive loss of housing wealth following the bursting mortgage bubble, which led consumers to cut back on spending. That spending still hasn't picked up, which has prevented a robust recovery from taking hold. – Yahoo News
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.