The U.S. Housing Market Has Reached a Turning Point

They are Over the past few months, many economists have concluded that that the U.S. housing market has reached a turning point and is healing to may sound hard to home prices have continued their downward trend in 2011, prices fell by 4% following nearly a 30% decline since the property bubble paeked in June 2006 to they ended the year at a 10-year low.

And the indeed prices aren't likely going to rise for a this might not necessarily mean the housing market isn't on the mend perhaps we are looking at the recovery all wrong, says Paul Dales at Capital Economics in a report to clients recently to this current economist said higher prices won't be the sign that tells us there's a real recovery under way to rather for the recent pick-up in sales is what we should pay attention to after all the prices tend to be a lagging indicator to could take six months for any improvements to show in the market if not longer.

There's the longer-term threat to prices for experts say could arise when the federal reserve raises interest rates later in the inevitable move could potentially make the cost of home purchases more expensive relative to stagnant incomes for anyone is looking at prices for signs of a recovery to likely that they'll miss it.