Friday, 06 July 2007

Share of home prices' fall most in 15 years: survey

(Reuters) - That's up from 5 percent reporting falling home values last
year and just below a peak of 22 percent in the last quarter of
1992, during the last downturn in U.S. residential real estate
markets.




"The impact will be much smaller home equity cash-outs
curtailing consumption spending," Curtin wrote.


Read more at Reuters.com Bonds News

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