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RE: New Home Sales Plunge, Supply Grows. Can You Say Bubble? By Gregory Mannarino

in #money7 years ago

Look at the DC Housing Price Index. In the last housing bubble, home prices in DC topped out in 2006 where 2007 & 2008 were making lower highs. DC is usually the last to go into a recession and the first to leave. DC home prices have not topped out with home prices making lower highs .
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