After gains, home prices expected to stabilize, fall

01/4/2010 | CNNMoney

Home prices are up 3% since May, but analysts expect them to fall after going flat in October. "We've seen recent price stabilization because of low mortgage interest rates and the impact of the first-time home buyers tax credit," said Pat Newport of IHS Global Research. "But there are really good reasons to think prices will now start going down." Besides higher interest rates and the expiring tax credits, increased foreclosures could contribute to lower home prices.

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