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Housing's Mixed Signals: Are We In A Bubble?

5 years ago3 views



At face value it doesn't make a lot of sense. Sales of existing homes have declined in six of the last seven months, and sales of newly built homes are still running at less than half the pace of historical norms. However, home prices continue to rise. They are rising so quickly in some markets, in fact, that several analysts are now crying, "Bubble!," while others contend homes are still largely undervalued.

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