“Case Schiller aside, we expect housing prices to fall another five percent in the coming months,” says Paul Dales, US economist at Toronto based Capital Economics. “We’ve actually seen some declines in areas of the country. That’s going to put a halt on any housing recovery.” “There’s going to be less demand for housing when the tax credit ends,” Dales says. “That leaves more home on the market for sale. And as to foreclosures, there will be more of them and that puts pressure on prices. We estimate about 2.5 million foreclosures through the rest of 2010.”