Tuesday, October 03, 2006

YAHOO - "Forecast sees housing prices falling" (10-3-06)

"Housing prices, slumping after a five-year boom, are projected to decline in half of the nation's metropolitan areas, with the Northeast, Florida and California among the areas hardest hit."

"The forecast by Moody's Economy.com, a private research firm, presents one of the starkest views yet of the housing slowdown that has been gathering force in recent months."

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