TIP: Click on subject to list as thread! ANSI
echo: barktopus
to: Geo
from: Phil Payne
date: 2006-05-15 12:38:08
subject: Re: Nemesis approaches

From: "Phil Payne" 

> > "The bond slide is exacting a toll on the US property
market, where the
> > price of new homes has fallen for five consecutive months. A half-year
> > inventory of unsold houses now hangs over the market."
>
> I don't know where they get this information but house prices here haven't
> fallen, in fact they are up from last year at this time.

Not inconsistent.  Up for seven months, down for five.  Also specifically
refers to "new" houses.

I'm never sure about this particular statistic.  It may not reflect the
value of any given house, just that in bearish times people tend to move
downmarket.  More transactions for less expensive properties lowers the
average transaction.

--- BBBS/NT v4.01 Flag-5
* Origin: Barktopia BBS Site http://HarborWebs.com:8081 (1:379/45)
SEEN-BY: 633/267 270 5030/786
@PATH: 379/45 1 633/267

SOURCE: echomail via fidonet.ozzmosis.com

Email questions or comments to sysop@ipingthereforeiam.com
All parts of this website painstakingly hand-crafted in the U.S.A.!
IPTIA BBS/MUD/Terminal/Game Server List, © 2025 IPTIA Consulting™.