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JPMorgan warns home prices face another 5% decline

JPMorgan warns home prices face another 5% decline: Existing home sales could tick up in 2012, leading to the sale of 5.5 million units, but price declines are still expected for the next few months.
JPMorgan Chase (JPM: 33.05 +2.58%) made that conclusion in its latest North America securitized products research report. Analysts forecast home prices could fall another 5% between Sept.30 and [...]

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