Home Prices Could Jump 9.7% in 2013, J.P. Morgan Says
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Tuesday, December 18, 2012
In this article from The Wall Street Journal - J.P. Morgan Chase & Co. expects U.S. home prices to rise 3.4% in its base-case estimate and up to 9.7% in its most bullish scenario of economic growth. Standard & Poor’s, which rates private-issue mortgage bonds, on Friday said it expects a 5% rise in 2013.
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