NEW YORK CITY-A new survey shows that housing economists are more optimistic in their views on housing prices for 2010. However, they are projecting a bleaker outlook for 2011.
According to a survey by MacroMarkets LLC, economists expect home prices to decrease by 0.8% in 2010, which signifies that prices will have to decline by 2.2% during Q2 of 2010. The S&P/Case-Shiller national index forecasts that home prices may increase only 0.8% in 2011. For the full story, go to Wall Street Journal.
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