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IPFS News Link • Housing

US Home Prices Hit A Record High In October - What Happens Next?

• http://www.zerohedge.com, by Tyler Durden

Home Price appreciation has been oddly stable for the last 30 months - hovering around 5% YoY according to Case-Shiller data...

The 5.1% YoY rise was slightly better than expected, but, with mortgage applications at Lehman lows and mortgage rates spiking to near 3-year highs since this data, the question is... 

What happens next?


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