Still No End in Sight for Falling U.S. House Prices, Says Scotiabank Report

U.S. house prices still have room to fall, according
to a report on real estate trends issued by Scotiabank economists.

The report notes that while the rate of decline has moderated since
the spring, sales in the month of June fell to 5.4 million units, a 35%
decline since prices hit their

peak in 2005.

“The potential for a meaningful turnaround in home sales is limited
when…”

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Original post by Mortgage News Daily - Mortgage And Real Estate News

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