Report: No housing upturn until 2010 – MSN Money

Home prices are forecast to fall more than 30% in some communities in ‘the most severe housing recession’ since 1945.

On a national level, the housing market recession will continue through early 2009, said the report, co-authored by Mark Zandi, chief economist of Moody’s Economy.com, and Celia Chen, director of housing economics. Read Full Article

Posted by Eureka Expert on May 11 2009. Filed under Housing. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry