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About House Prices
House prices surged faster than household income and inflation, the national home-ownership rate fell for the first time in over a decade, housing inventories shot up with slowing sales, and the volume of sub-prime loans has soared. Typically, job losses, overbuilding and population outflows are factors in home-price declines
New single-family home sales increased 6.7 percent from 2004-05, while existing single-family home sales increased 3.4 percent and existing condo and co-op sales grew 9.3 percent. Median new single-family home prices grew 4.4 percent from 2004-05, existing single-family prices gained 9.4 percent, and existing condo and co-op prices rose 13.4 percent.
Ahorre June 13, 2006 06:56 AM | ITIN Loan | Tarjetas de Credito