The Traderszone Network

Published in TZ Latest News 30 May, 2014 by The TZ Newswire Staff

Home price gains likely to moderate

U.S. house price rises will likely slow further over the next two years, curbed by tight lending standards, slow wage growth and a lack of first time buyers, a Reuters poll found. The analysts polled did not expect any major pickup in housing market activity, with annual rises in house prices gradually coming down through to 2016. We don’t want to go back to stupid money,” Mark Goldman, a real estate expert at San Diego State University in California said, referring to the eve of the Great Recession when subprime lending was rampant and home prices sky-rocketed.

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