Analysts expect home prices to begin gradual recovery

05/19/2010 | Wall Street Journal, The

Economists and housing analysts surveyed by MacroMarkets said they expect home prices in the U.S. to start to gradually recover by 2011, leading to an increase of about 12% in the five years ending at the end of 2014. At the end of last year, an index of home prices was down roughly 28% from its peak in 2006.

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