From Real Trends: "Economists believe cooling in the housing market will extend into next year and many forecasters in the latest WSJ.com survey predict no change–or an outright decline–in home prices next year. Twenty-five of the 48 economists who answered the survey’s question about housing predicted no change or a decline in a closely watched gauge of nationwide home prices during 2007. The average prediction for next year was for an increase of 0.43 percent, lifted by five economists who forecast gains of five percent or more."
And for those who find the minutia fascinating… here are the kinds of Google/Yahoo searches that have sent folks to this humble blog in a recent 48 hour period:
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