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unlawflcombatnt
Joined: 02 Aug 2005
Posts: 13
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 Posted: Thu Nov 03, 2005 1:34 am GMT Post subject: New Home Prices DECLINE 5.7% in September |
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An article from USA Today says that new home prices declined 5.7% in September alone. In New York City, average home prices declined 12.7% in the 3rd quarter. Nationally, the median home price has declined 9% from $232,000 earlier in the year to $212,000 in September.
Homes are staying on the market 3-5 times longer in most larger markets. This article can be found at: HomePriceDecline
It appears the crash has begun.
EconomicPopulistCommentary
The economy needs balance between the "means of production" & "means of consumption." |
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admin
Site Admin
Joined: 14 Jul 2005
Posts: 1826
Location: Greater Boston
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| Posted: Thu Nov 03, 2005 2:27 pm GMT Post subject: |
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Thanks for the info and the article. I've linked to the article from the Boston Bubble main page.
- admin |
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unlawflcombatnt
Joined: 02 Aug 2005
Posts: 13
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| Posted: Mon Nov 07, 2005 7:18 pm GMT Post subject: Article |
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Admin,
You're very welcome. I'm always happy to share some of this administration's accidental dissemination of thruth.
EconomicPopulistCommentary
The economy needs balance between the "means of production" & "means of consumption." |
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