Robert Shiller Tells Fox Business There Is "A Real Possibility Of Further Decline" In The Housing Market

"Case-Shiller Index co-author Robert Shiller spoke with FOX Business Network's Connell McShane and Dagen McDowell about the company's report out today indicating home prices fell by 1.1% in February. Shiller said he is “pessimistic” and believes that home prices could go down “much more” than the predicted “five or ten percent decline.” Shiller also addressed tomorrow's Federal Reserve press conference saying “I think it's a good thing the Fed Chairman talks to the people and not keep secrets.” Highlights can be found below, courtesy of Fox Business Network..."

at http://www.benzinga.com/life/11/04/1033092/robert-shiller-tells-fox-business-there-is-a-real-possibility-of-further-decline-?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+benzinga+%28Benzinga+News+Feed%29#ixzz1KesFcQhg