Industry News

Real estate market is like a ‘balloon,’ says economist

Forecast: No meltdown in store, but market may lose steam
Published on Jan 4, 2006

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by CareyBot

The California housing market is cooling and will not experience a meltdown, according to an analysis prepared by a Union Bank of California economist. The forecast, “Housing Market: A Slowdown, Not a Meltdown,” which is based on data from the ...