Post #72 by Goofyhoofy on the Macroeconomic Trends and Risks board

Personal Finance Topics / Macroeconomic Trends and Risks

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Steepest Home-Price Declines in Fourth Quarter Were in the West
Overall,
U.S. home prices rose on a year-over-year basis

Prices have tumbled almost 6% on the West Coast, the rest of the country, which often lags, is flat or up a tad. The sub-headline is misleading, while the full year prices are up, the trend in housing is down, at least short term. Housing starts are off, housing prices are flattening or heading down, and the mania has cooled.

https://www.wsj.com/articles/steepest-home-price-d...

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