The Washington Post

For the first time in two years,


U.S. consumers expect home prices to fall over the next 12 months. An August survey by Fannie Mae found that respondent­s see a 0.4 percent decline in housing prices compared with the prior month’s expectatio­ns for a 1.9 percent increase. Consumers also anticipate that rental price growth will slow, with yearahead expectatio­ns dropping nearly two percentage points, the steepest slide in data back to 2010, according to the survey released Wednesday.

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