CoreLogic: Prices will begin to fall

In a bold and shocking prediction, CoreLogic says it expects that, after four months of increases, home prices will begin to decline in the last few months of the year.

This happens every year. It’s a cyclical market. Prices go up through the summer, then decline in the fall and winter.

Here are median prices per month; each line represents a different year, from 2005 though 2011:

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My prediction: CoreLogic (and many others) will predict a price upswing from November to December.

About Andrew Kantor

Andrew is VAR's editor and information manager, and -- lessee now -- a former reporter for the Roanoke Times, former technology columnist for USA Today, and a former magazine editor for a bunch of places. He hails from New York with stops in Connecticut, New Jersey, Cincinnati, Columbus, and Roanoke.
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