Real estate prices to slow in 2006 Premium Content

Wells Fargo economists say housing demand will soften

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Wells Fargo economists expect steady economic growth next year, despite a slowdown in house-price increases, and rising oil prices and Fed rate increases.

Wells Fargo senior economist Scott Anderson said, "a housing price slowdown, in part triggered by the Federal Reserve's policy actions, will become more pronounced as the year 2006 progresses, placing consumer spending, credit-quality, and job creation at some risk. The challenges are mounting for U.S.

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