This is how much US home prices will plummet in current market bubble
For the housing sector to maintain historical trends, US home prices will have to drop by up to 20% over the next several years, a research firm warned. DataTrek Research co-founder Nicholas Colas said recent correction cycles in the US housing market, such as the bubble in the 1990s and the implosion in the mid-2000s, took several years to resolve. The US home price decline has only begun in the last few months, suggesting that …