Monday, July 28, 2008

IMF: U.S. house prices overvalued by up to 20 percent

The downward spiral of U.S. housing prices still has a way to go and homes were overvalued by between 8 percent to 20 percent in the first quarter of this year, according to research by an International Monetary Fund economist published on Friday.

read more | digg story

No comments:

3-27-2024

  Donald Trump is now selling $60 'God Bless the USA' Bibles ahead of Easter. Judge sends strong message about Elon Musk's attac...