Robert Shiller, MacroMarkets co-founder and chief economist observed, “Although the June survey reveals that overall, expectations have reached their lowest levels...it is apparent that a significant majority of our panelists believe that the bottom for home prices arrived in the first quarter or will arrive sometime before year-end."
http://www.macromarkets.com/recent_news/press_releases/2011/20110622_housing-survey.pdf
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