US home prices could plunge 20%, Dallas Fed warns
According to a study by the Federal Reserve Bank of Dallas. To be sure, the possibility of homes across the country losing up to a fifth of their value represents a “pessimistic scenario,” Dallas Fed economist Enrique Martinez-García noted in a report on Tuesday. But other economists have reported similar fears, with Pantheon Macroeconomics chief …
US home prices could plunge 20%, Dallas Fed warns Read More »