Latvian real estate predictions

Throughout the bust of Latvian housing bubble, some real estate agencies have been making predictions of the type: "The prices will keep falling for 2-3 more months, for a total of another 3-5%, and then stabilize". Balsts agency may have been the one who made those more than anyone else.

Now, they've made a new prediction. They now expect another half-year of price declines, for a total of up to 10%, and then a price stabilization. As the bust of the housing bubble goes on, there is less and less of expectations that it will stop soon.