A Look at Both Sides of the Argument over US Housing 

The principal argument of those who expect home prices to improve steadily is that home prices have already fallen significantly from their peaks and homes are now affordable to a large group of prospective buyers. The decline in home prices over the last 3-4 years has released “pent-up demand” for housing that is more than sufficient to absorb the homes brought to market while keeping housing prices at current levels.