U.S. home prices seen down over 40 percent: Barclays

July 4, 2009 by Foreclosure News  
Filed under Foreclosure

U.S. housing prices will fall by a double-digit percentage from already beaten-down levels, resulting in an overall 40 percent plunge by the time foreclosures peak in the second half of 2010, Barclays Capital economist Michelle Meyer said.

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