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September 06, 2006

Home Price Pullback

Still can't tell whether the bubble is popping, but OFHEO says housing prices are declining.

New evidence of a housing market slowdown emerged Tuesday - growth in the price of a single family home was just 1.17 percent in the second quarter, a decline of more than one percentage point from the prior quarter when prices grew 2.20 percent.

 

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Sharp home price pullback

Posted on September 6, 2006 06:37 AM by House 78.
Filed in Mortgage Calculator under housing prices.
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