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WebSep 29, 2024 · That rate of increase over such a short interval had never happened in the history of the U.S. national home price index, dating back to 1987, which the economist Karl Case and I first developed. Now that growth in the index has started falling on a month-to-month basis, with the annual growth rate down from 18.1 percent in the year ending in ... WebAs noted by Robert Shiller, the run on housing was driven more by emotion than population. It also was pushed by investors and private equity interests. ... Home prices are heading down. We're just at the beginning of seeing the impact of higher interest rates and the pressure from higher tax assessments. Even if the face value of housing stock ... gold in pcb
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