Thursday, July 07, 2005

Freddie Mac Revises Forecast

Freddie Mac Revises Forecast

“Freddie Mac, in an updated economic forecast released Thursday, predicted house prices, which soared by 11% last year, will increase by 7.9% this year. That's up from an earlier projection of a 7.7% rise for 2005. Next year, home prices should grow by 6.8%.”

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