Posted by & filed under Part 1 Business in a Global Environment.

Description:  After four months of gains, home prices flattened in October. Worse yet, industry insiders think that they’ll soon start to fall.

Source: CNNMoney.com

Date: 01/01/2010

Link: http://money.cnn.com/2009/12/31/real_estate/home_price_drop/index.htm

Questions for discussion: 

  • Summarize the reasons given for house prices heading lower.
  • How do you think homebuyers will respond to this news? Explain your answer.
  • How do you think homebuilders will respond? Explain your answer.
  • How might falling or flat house prices affect consumers in general? Explain your answer.

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