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Notice how in some of the locales the year over year (YoY) price 'appreciation' for April 2006 is less then inflation. In these locales, real dollar price declines are a reality.
Bubble Meter is a national housing bubble blog dedicated to tracking the continuing decline of the housing bubble throughout the USA. It is a long and slow decline. Housing prices were simply unsustainable. National housing bubble coverage. Please join in the discussion.