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Analysis

U.S. Home Prices: Signs of the Dreaded Double Dip?

By Prajakta Bhide and Christian Menegatti

EXECUTIVE SUMMARY

Recent housing data reports are consistent with our predictions for a double dip in home prices. Prices were expected to stabilize temporarily but fall as government support is phased out. Positive data in the run-up to the expiration of the extended homebuyer tax credit may push home prices…

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