Industry News

Risk of home-price declines increases

Latest index shows 32.8% chance of price declines in next two years
Published on Sep 19, 2006

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by CareyBot

Rapidly slowing home-price appreciation and declining affordability contributed to a marked increase in the risk of home price declines in cities across the country, according to a report released today. According to PMI Mortgage Insurance Co.’s latest risk index, there’s ...