RBC: HOUSE PRICES TO DROP UP TO 30% IN 2012 HomeMost Recent StoriesRBC: HOUSE PRICES TO DROP UP TO 30% IN 2012 [A-] | [A+] Via CNBC: “Tom Porcelli, chief US economist at RBC Capital Markets, says he is not buying the recent positive data on US housing. He sees US home prices dropping another 10% – 30% in 2012.” Source: CNBC Got a comment or question? Feel free to contact Cullen via email here or on Twitter here. Cullen RocheMr. Roche is the Founder of Orcam Financial Group, LLC. Orcam is a financial services firm offering asset management, private advisory, institutional consulting and educational services. He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance and Understanding the Modern Monetary System.More Posts - Website Follow Me: Cullen Roche12/26/2011 WILL OBAMA BE RE-ELECTED? JUST WATCH THE STOCK MARKET WILL THE SHORTER BUSINESS CYCLE LEAD TO RECESSION IN 2012?