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Home Prices Will Slip Further In 2012, Experts Say
By: Investors.com
Posted on June 25, 2012 at 08:01 AM EDT
Home prices will dip just a little this year and rise in 2013, say a majority of 114 economists, real estate experts and investment strategists in a survey by real estate site Zillow. The 2012 Zillow Home Price Expectations Survey released Monday predicted a 0.4% decline in values in 2012. The study, carried out by Pulsenomics, looks at the next five years' price changes for the S&P Case-Shiller U.S. National Home Price Index. Cautious optimism
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