Economists, builders and mortgage analysts are predicting the weakened U.S. economy will depress housing prices for years. Home prices are expected to drop 2.5% this year. If the economists’ forecast is accurate, it means housing faces a lost decade in which home prices recover just a fraction of what was lost between 2005 and 2015, leaving millions of homeowners with little, if any, equity in their homes.
Real Estate Forecast Calls For Pain
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