Latest Index Shows US Quarterly Gains are Lower

According to the latest index from Clear Capital, home price gains in the US were considerably lower over the last quarter to the end of February. Gains fell to just 1% from the previous figure of 2.5%. These figures are significant as this is the largest decline since 2010, and as the article in Propertywire

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Experts Speculate on Foreclosure Discounts

The general consensus is that foreclosures will soon pick up again, as lenders look to start getting through the huge backlog of troubled loans they have amassed over the last year and a half. This expectation has led to a number of analysts wondering what the impact on overall home prices will be.

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