Super disingenuous headline. They predict national prices will fall 5%, while the worst / most affected market, Phoenix, will fall 18%.

> A new model of forecasting home prices based on consumer demand predicts that prices for housing will decrease by 5% nationally and 12% in San Diego County by the end of this year. The model, which highlights online search activity, was recently published in a new study from the University of California San Diego’s Rady School of Management.

…

> But home prices in other cities are expected to fall even more. Phoenix, AZ, is predicted to have the biggest drop at 18%. Other metropolitan areas where prices are predicted to be on the decline include Stockton-Lodi, CA (down 13%), Las Vegas, NV (down 13%), followed by San Diego and Tucson, AZ. The cities with the most price stability include the metropolitan area of Scranton-Wilkes-Barre-Hazleton, PA and Kansas City, MO both predicted to rise by 2%. Other cities with forecasts of stable prices include Hartford, CT, Harrisburg, PA and Omaha, NE.

One city has this 18% drop, and the title doesn’t accurately state that. Crummy journalism by Eurekalert on this one.