US national, regional housing price Forecast Dr. Warren Huang

omment by Warren Huang Wall Street Journal Real estate Development Blog - May 14, 2008 at 6:35 pm
From the data shown we, still have one third of cities Housing price gain, despite average price down 6.7 %. From the past US global housing bubble bursts, we are still at the early stage of housing price correction, this is especially for high end housing, just too high to be afford. and the mounting job cuts, foreclosure will continue drag housing prices slump into this summer. may be down 30- 50 % in some cites. while the average housing price must down 20- 30 %.My US national and regional housing price can be calculated from national, local unemployment, mortgage rate, money supply growth, foreclosure data. details can be found and One more variable to add, the stock price index in regional cities, for high tech cities, use Nasdaq, for banking finance center use DOw Jones, or banking index. like Seatle, San Jose use Nasdaq,New York city use Dow Jones index Comment by Warren Huang - May 14, 2008 at 6:38 pm

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