House prices should continue plunging
I used Federal Housing Finance Agency (FHFA) data and Holt-Winters forecasting to generate house price projections for eight major housing markets. Extrapolating current trends into the future is hardly foolproof. (In fact, it’s a big part of how we got into the housing crisis in the first place!) But current trends suggest house prices will continue falling rapidly:
Posted by James on Monday, June 13, 2011