RSS
Home
European housing trends
Print
Email
RSS
Subscribe
Deutsche Bank published an excellent report comparing US home prices with Europe. Here's the key takeaway:
"US home prices will decline significantly further in 2008, begin to stabilize in the first half of 2009, and remain depressed for
some time thereafter. As for Europe, house prices are likely to stabilize in 2010 at the earliest. Assuming a similar shape of the house price cycle as in the early 1990s, the next up-cycle in house prices is unlikely to occur before the middle of the next decade in either the US or Europe."
Let's hope Deutsche Bank is wrong, though I doubt they are.
Related Articles:
Add a Comment
Insurance has to be one of the most boring topics in the world. That is, unless you live in an earthquake prone-area where you'll be glad you're …
.jpg)
I appeared on CNBC recently along with Armando Falcon, the former head of OFHEO (now called Federal Housing Finance Agency) and Susan Wachter, Wharton …
