02-06-2020 20:04 via ocregister.com

U.S. house price drop forecast by next April

Nine years of annual home in price gains are expected to come to an end by next April, according to the forecast by CoreLogic, although prices are projected to continue rising locally.
The Southern California-based real estate data firm predicted Tuesday, June 2, that U.S. home prices will drop 1.3% year over year by April 2021.
The forecast predicted price drops will occur in 41 states, with the biggest declines occurring in areas hit by downturns in tourism and oil and gas.
“The very low
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