2012-08-07wsj.com

Among the reasons to be wary, according to Shiller: a large overhang of homes that are either in foreclosure or near it. If those homes flooded the market, it could push prices down even further.

And though momentum is the No. 1 driver of home prices, the No. 2 driver, the unemployment rate, is still well over 8%.


Lijit Search

Comments: Be the first to add a comment

add a comment | go to forum thread