Home Prices Likely To Keep Falling

New York, NY, Oct. 31, 2011 — Home prices are likely to keep falling until the middle of next year, according to Fiserv, a financial analytics company.

The company said home values are expected to fall another 3.6% by next June, pushing them to 35% below the peak reached in early 2006.

High unemployment and continuing foreclosures are the most significant factors, the company said.