Housing market still down

The WSJ's esteemed panel of economists see the housing market cool-down to extend into next year. But as usually happens when polling 48 economists, you can find most any answer you're looking for. More than half of those sampled expect either no change in prices or a decline in 2007. But five economists forecast gains of 5 percent or more. Go figure. On average, the economists said the likelihood of recession was 26 percent, compared with 15 percent last spring.



More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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