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:ÂÂ
- 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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