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Home prices still poised to drop 5% by early 2012, say JPMorgan analysts
Aug 12, 2011JPMorgan Chase [stock JPM][/stock] stuck to their outlook Friday, forecasting home prices in the U.S. could plunge another 4% to 5%, before reaching a bottom in early 2012. Analysts at the bank originally lowered their prediction on future home prices in June. If prices continue to fall at this rate, they will be down 37% from their peak when they finally reach a bottom.
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SEC ready for new whistleblowers
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Investment operations at big three US banks most at risk in Europe
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Judgment Call: Appraisals weigh down housing sales
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The Leave it to Beaver World is Dead
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