Oct 8, 2010

Home Prices Will Fall Another 10%

Dr. Doom, New York University professor Nouriel Roubini, told an American Enterprise Institute forum Wednesday that even though the recession technically ended in June 2009, he believes home prices will fall another 10% and that there is now a 40% chance that the economy will fall back into recession over the next 12 months.

in www.huffingtonpost.com

Related Stocks and ETF: Lennar Corporation (NYSE:LEN), KB Home (NYSE:KBH), D.R. Horton, Inc. (NYSE:DHI), Toll Brothers, Inc. (NYSE:TOL), iShares Dow Jones US Home Const. (ETF) (NYSE:ITB)