Home price forecast: more stability


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  • | 7:09 p.m. July 16, 2011
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Orlando's metropolitan area ranks third out of five major housing markets forecast to see price gains for the July to December period, while the Tampa-St. Petersburg-Clearwater area is predicted to come in as the sixth worst.

The Clear Capital Home Data Index Forecast shows Tampa Bay losing 4.7% in value in the six months, but that's better than the 7.2% decline for the first half of the year.

Of the 15 lowest performing markets, none is forecast to yield gains for 2011, but nine of the 15, including Tampa-St. Pete-Clearwater, are expected to maintain or slow their price declines as compared to the first half of 2011.

 

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