U.S. house prices bottomed out the first half of next year

New York on August 13, the former U.S. Federal Reserve Board Chairman Alan Greenspan is expected to be on the 13th, the U.S. House of Representatives prices climbed out of a slump in the first half of next year.

Greenspan said that in the "Wall Street Journal," he said: "The United States House of Representatives, the price is very likely some time in the first half of next year bottomed out, begin to stabilize." He said that the U.S. not only to the stability of housing prices, the general housing purchases, and relate to the global financial turmoil may be coming to an end.

Greenspan is expected, the U.S. real estate market is over-supply of 800,000 sets of dudong residential market to digest will soon be out. He also suggested that the United States should relax skilled immigrants, because these people are the real estate market potential consumer groups.