Home prices in the U.S. may continue to fall, according Robert Shiller, an economics professor at Yale University and co-creator of the S&P/Case-Shiller home-price index. Despite “mildly positive signs” in the housing market, “we may continue to see home price declines,” Shiller said today in a radio interview. “It is an ‘‘incredibly bad situation in the housing market. The construction industry is still in a depression,’’ he added.
Bloomberg Surveillance with Ken Prewitt and Tom Keene. January 26, 2012
