Dec 27, 2011

US Home Prices Still Falling. Expect More Of The Same In 2012.

US home prices still falling as supply (including foreclosures) exceeds demand. Expect more of same in 2012 with millions more households underwater.

(Source: Nouriel`s Official Twitter)

Related, DR Horton (DHI), KB Home (KBH), Lennar Corp (LEN), Toll Brothers (TOL)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.