Capital Economics: Real estate markets are different

Analysts at Capital Economics have reached a startling conclusion.

A bit more than a month ago, they predicted that home prices would increase by about five percent in the U.S. as a whole in 2013.

Today comes the news that, while they still hold to that prediction, they also believe that, to quote DSNews.com, “[H]ousing markets across the nation are markedly different, and this five percent will not be a constant in all regions.”

You don’t say.